Weekly Initial Jobless Claim


Decline in weekly jobless claim 3.2 million people, according to US Department of Labor, became another good news for stock markets. Compared to 6 weeks ago, March 28, 6.9 million number, this data was consistently going down. Although total numbers of 33.5 millions for those who lost jobs are still significant, government assistance with pay check, and many other money printing strategy may help US economic to climb up from the worst period. Stock markets react with near 300 points gains in DJIA and more than +1% for all major indexes at this moment. 

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