ECONODAY: The last look at jobless claims heading into tomorrow's employment report is somewhat favorable, pointing perhaps to only slightly less strength in the labor market. Initial claims in the May 28 week fell 1,000 to a 267,000 level which is very low and the lowest since the April 23 week. The 4-week average fell 1,750 to a 276,750 level that, however, is nearly 20,000 above the month-ago comparison which is a tangibly negative indication...
