[Initial Jobless Claims Data Shows US Labor Market Remains Resilient] Financial blog Zero Hedge commented that last week's initial jobless claims in the US fell to 215,000, indicating that the labor market remains resilient despite weak market sentiment. The weekly change in initial jobless claims has been virtually unchanged for five years. Continuing jobless claims have risen slightly, but remain well below the cyclical highs of last fall. Therefore, based on the data, there are still no negative signs as predicted by sentiment surveys.
