Dschrute3
Gold Member
- Dec 10, 2016
- 15,572
- 1,874
- 290
Wow, 44-Year low? Pretty great. Good on ya Trump.
New applications for U.S. unemployment benefits unexpectedly fell last week and the number of Americans on jobless rolls declined to a near 44-1/2-year low, pointing to a rapidly tightening labor market.
Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 218,000 for the week ended June 9, the Labor Department said on Thursday. Claims data for the prior week was unrevised.
Economists had forecast claims rising to 224,000 in the latest week.
The labor market is considered to be close to or at full employment, with the jobless rate at an 18-year low of 3.8 percent.
US jobless rolls declined to a near 44-1/2-year low, pointing to a rapidly tightening labor market
DRUDGE REPORT 2018®
New applications for U.S. unemployment benefits unexpectedly fell last week and the number of Americans on jobless rolls declined to a near 44-1/2-year low, pointing to a rapidly tightening labor market.
Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 218,000 for the week ended June 9, the Labor Department said on Thursday. Claims data for the prior week was unrevised.
Economists had forecast claims rising to 224,000 in the latest week.
The labor market is considered to be close to or at full employment, with the jobless rate at an 18-year low of 3.8 percent.
US jobless rolls declined to a near 44-1/2-year low, pointing to a rapidly tightening labor market
DRUDGE REPORT 2018®