What have we come to? Financial markets are concerned that more people have gone to work in the US than expected! How dare they!? Forgive me for thinking we are in a no win situation!
The lower than expected US jobless claims signal an improving US economy, which has created some nervousness regarding stimulus cutbacks," Mr Hansen said.
According to the US department of labour, the number of Americans filing for unemployment benefits fell by 15,000 to a seasonally adjusted 320,000 in the week ended August 10, their lowest level since November 2007.
