And productivity numbers are up. That's the bounce needed after yesterday. Reuters:
Fewer U.S. workers filed new claims for jobless benefits for a third straight week last week and productivity rose at a stronger-than-expected pace in the first quarter, data showed on Thursday, supporting budding hope that the recession was losing force.
Initial claims for state unemployment insurance benefits fell 4,000 to 621,000 in the week ended May 30, the Labor Department said.
The week covered the Memorial Day holiday, which could have had an impact on the data.
There was even more goods news in the report as the number of people staying on the benefit rolls after collecting an initial week of aid fell for the first time since January.
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