Jobless claims hit lowest level since 2007

Diane Swonk Aug 8, 2013

Good news on the unemployment front. Jobless claims are in for last week, and 333,000 people applied for unemployment benefits. In the last month, the number of jobless claims hit its lowest level since 2007. Diane Swonk, chief economist at Mesirow financial, explains what this means for the economic recovery.

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