Initial Jobless Claims Falls To 43-year Lows, Meanwhile U-6 Underemployment Is At 9.7%

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.
What is The Fed to do?
Initial jobless claims fell to a 43-year low today. That is the good news.
The bad news? U-6 underemployment is 9.7%.

This post was published at Wall Street Examiner by Anthony B. Sanders ‘ July 7, 2016.