Thanks, TRUMP!..New Jobless Claims Fall for 5th Straight Week Amid US Labor Market Strength

Discussion in 'Economy' started by The Purge, Jan 17, 2020.

  1. The Purge
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    The Purge Gold Member

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    The number of initial jobless claims—a measure of Americans who applied for unemployment benefits—fell for the fifth straight week in early January, pointing to ongoing labor market strength.

    Initial claims for state unemployment benefits fell by 10,000 to a seasonally adjusted 204,000 for the week ended Jan. 11, the Labor Department said on Thursday (pdf). Economists polled by Reuters expected claims would rise to 216,000 in the latest week, while those surveyed by MarketWatch forecast an even higher print of 220,000.

    The better-than-expected initial claims figures are an encouraging sign for the U.S. economy, which saw slowing job growth in December.

    The U.S. economy created 145,000 jobs last month after adding 256,000 positions in November, the Bureau of Labor Statistics said.

    (Excerpt) Read more at theepochtimes.com .

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    AND DemonRATS are going to IMPEACH a president that has done so much for America!
     
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  2. Canon Shooter
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    Canon Shooter Rookie

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    Please stand by.

    A non-thinking lib will be along shortly to explain how:

    A - This is bad
    B - This is because of Obama

    Thank you for your patience...
     
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  3. Rambunctious
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    Rambunctious Gold Member

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    Everyone is working and paying taxes and saving for rainy days....and Obama said we were doing the best we could do 6 years ago....what an idiot Kenyan he was....
     
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  4. william the wie
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    william the wie Gold Member

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    We are having relatively happy problems compared to the last administration but we do need much more skilled blue collar workers than we have. For that matter plumbers now use pipe subs and mechanics need programming skills and they need someplace to get training
     
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