Initial Jobless Claims in U.S. Fall 16,000
April 25 (Bloomberg) -- Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, pointing to an improving labor market. Applications for jobless benefits decreased by 16,000 to 339,000 in the week ended April 20, the lowest since March 9, according to Labor Department data released today in Washington. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
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The Challenges Facing Japan as Consumer Prices Drop
24:00 - Japan’s consumer prices fell for a seventh straight month and household spending slumped again in September, underscoring the challenges Prime Minister Shinzo Abe and Bank of Japan Governor Haruhiko Kuroda face in trying to revive the world’s third-largest economy. The downbeat inflation and spending data came despite an increasingly tight labor market. The unemployment rate slipped to 3 percent in September, equal to the lowest since 1995. The low jobless figure hasn’t yet resulted in significant wage gains, a key element of efforts to reflate Japan’s economy. HSBC European Economist Fabio Balboni discusses with Mark Barton on "Bloomberg Surveillance."