Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

NICE BIG BEAT: Initial Jobless Claims Fall To 341K

Joe WeisenthalFeb 14, 2013, 18:57 IST

Flickr/thephotographymuseThis is another good economic datapoint for the US.

Initial jobless claims have fallen to 341K.

That's FAR below the expectations of 365K, and last month's upwardly revised 366K.

Initial jobless claims are one of the best high-frequency, real-time indicators of the economy.

Seeing this fall is a great sign.