In a sign that the economy may be turning around, unemployment claims for July were far less than expected. Economist Stephen Moore recently spoke with Fox News' Bill Hemmer about what these numbers really mean, what's responsible for the good news and what to expect going forward.

Watch below.

Stephen Moore is a senior editor with the Wall Street Journal and the author of The End of Prosperity. For information on how to bring him to your next event, visit www.premierespeakers.com/stephen_moore.