ECONODAY: The labor market is suddenly looking much better than it did as jobless claims data show across-the-board improvement. Initial claims fell 4,000 in the June 4 week to what is a very impressive and very low 264,000 level, in turn pulling down the 4-week average by 7,500 to 269,500. This is the third straight sub 270,000 level and makes a distant memory of the early May spike near 300,000...
