Thursday, March 22, 2012

Unemployment Claims Drop to 4 Year Low

More positive economic news - new unemployment claims dropped last week to their lowest level since February 2008.  The four week moving average of claims also dropped, which indicates a continutal trend of improving employment conditions.  As American begin to feel more secure in their jobs, they will be more comfortable either purchasing a home, which will help prices continue to stabilize and create additional housing demand.

Read the full article on the unemployment claims.

No comments:

Post a Comment