The number of Americans filing claims for jobless benefits unexpectedly dropped last week, and the average over the past month fell to the lowest level since before the last recession, showing employers have enough confidence in the economic outlook to hold onto workers.
Aug. 2 (Bloomberg) -- Bloomberg economist Joseph Brusuelas talks about European Central Bank President Mario Draghi’s remarks today on efforts to support the euro-region economy. (Joseph Brusuelas is a Bloomberg economist. The opinions expressed are his own. Source: Bloomberg)