ECONODAY: Jobless claims remain solidly stable at historic lows. Initial claims did inch 2,000 higher in the June 24 week but the 4-week average fell slightly to 242,250 and continues, as it has for the last 2 months, to hold in a tight range near 240,000. Continuing claims also inched higher to 1.948 million in lagging data for the June 17 week with this 4-week average moving to 1.939 million which is slightly above recent trend. The unemployment rate for insured workers is unchanged at 1.4 percent. There are no special factors in today's report which once again underscores the strength of demand for labor...
