Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness – EVOL
Jobless claims totaled a seasonally adjusted 218,000, down 14,000 from the prior week's upwardly revised figure and significantly less than the consensus estimate for 235,000. Gross domestic product posted a gain of 3.8% in the second quarter, up half a percentage point from the prior estimate due to an upward…
