rightwinger
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- Aug 4, 2009
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More economic good news
The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.
First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.
The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.
First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.