Gavekal Capital: More Positive US Labor Data

Thursday, January 9, 2014

More Positive US Labor Data

On the heels of a solid ADP report yesterday, we had two more above average releases this morning. Initial jobless claims fell by 15,000 and the often watched four-week moving average dropped by almost 10,000. Challenger layoffs reported the lowest level of layoffs since June 2000.

image

image