Patrick Fearon Range Quotations

Initial claims were significantly better than the expected 300,000, and they were well within the range we would expect in a solid job market.

The drop in jobless claims is a darn good number. A number in the range of 325,000 to 350,000 is a level that is more consistent with healthy economic growth,

The numbers are still quite healthy, they're still well within the range you would expect in a period of high demand for labor.

Even though that was an 11,000 increase, you have to say claims remain relatively low and certainly in the range we would expect in a strong labor market.