Robert Brusca at FAO Economics was even more optimistic and argued that the jobless number was more important than the unemployment rate.
Hurricane Sandy is being blamed for a 78, 000-claim spike in the weekly jobless claims number.
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Futures trimmed losses this morning after the jobless claims number came through.
Futures extended gains after the 8:30 a.m. jobless claims number.
And in a stark sign that the recession is now inflicting severe pain on the employed as well as the jobless, the number of working Americans turning to free government food stamps has surged.
Let me take individually -- for instance, we saw a weekly increase in the number of jobless claims.
The latest fall in the number of jobless follows a drop of 19, 000 recorded in last month's official figures.
As has occurred before, the number of jobless could carry on rising even in the early stages of recovery.
The Office for National Statistics (ONS) data showed the number of jobless reached 212, 000 in the three months to August.
The number of jobless young people in Falkirk has fallen to its lowest level in two years, according to new figures.
But there are a large number of jobless young men, in particular, who are neither looking for work nor going to school.
The number of jobless rose by 4, 000, to 223, 000 between May and July, according to the Office for National Statistics (ONS) data.
But throughout his 13 months in office the number of jobless young people rose: from just over 30%, to more than 36%.
The number of jobless in France has now risen past 3 million.
Moderator Candy Crowley followed up with a query about what either candidate would do about the high number of jobless Americans overall.
The number claiming jobless benefits dropped by 33, 000 last month, taking the claimant count to 4.3% of the workforce, a 19-year low.
The total number of jobless Americans last month jumped to 10.1 million, the highest level in 25 years, according to Labor Department figures.
The 49, 000 fall in number of jobless, to 2.51 million, was almost entirely due to a fall in youth unemployment, the ONS said.
The number of jobless broke the three-million barrier for the first time this year, prompting Mr Hollande to say the trend must be reversed.
The number of people claiming unemployment benefit fell by 4, 900 last month to 942, 100, although the number of jobless people not claiming benefits rose.
The real question-mark looms over the incoming administration's chief pledge: to cut the horrendous number of jobless, now 4m, more than 10% of the workforce.
Continued growth of 2% will mean his legacy will be the largest number of jobless Americans for the longest period of time since the Great Depression.
The unemployment rate, down to 9.4% from 9.8% in November, fell considerably more than anticipated as the number of jobless persons fell by 556, 000 to 14.5 million.
The number of jobless people around the world rose by 4 million in 2012 to 197 million and is expected to grow further, the UN labour agency warns.
The number of jobless Germans rose 13, 000 in March versus expectations of an unchanged reading, but February retail sales increased 0.4% on the month compared with expectations of a 0.6% decline.
Data from Elstat, the country's statistics agency, showed that the number of jobless climbed to 1.08 million, or 21.9% of the work force, up from a revised 21.4% rate in February.
Worst of all, the number of jobless, which had been falling during the last year of the previous Christian Democratic government under Helmut Kohl, remained stuck at over 4m as economic growth slowed.
Last year his church, which has a congregation of 11, 000, started four-day workshops and weekly programmes for the growing number of jobless in its flock, as well as others from the surrounding area where unemployment exceeds 12%.
Though the rise in the number of jobless has slowed since September to an average of 10, 000 a month (compared with nearly 30, 000 a month over the preceding 12 months), few expect the number of jobs to grow until the second half of this year or even early next year--in time, perhaps, for a March election.
On Thursday, the Labor Department reported the lowest number of initial jobless claims since April 2008.
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