Dschrute3
Gold Member
- Dec 10, 2016
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The Trump Economy continues to roar. Bad news for Democrats, but great news for Americans.
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions.
Initial claims for state unemployment benefits decreased 1,000 to a seasonally adjusted 222,000 for the week ended June 2, the Labor Department said on Thursday.
Economists polled by Reuters had forecast claims rising to 225,000 in the latest week.
The labor market is considered to be close to or at full employment. Nonfarm payrolls increased by 223,000 jobs in May and the unemployment rate dropped to an 18-year low of 3.8 percent.
U.S. weekly jobless claims drop as labor market gains steam
DRUDGE REPORT 2018®
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions.
Initial claims for state unemployment benefits decreased 1,000 to a seasonally adjusted 222,000 for the week ended June 2, the Labor Department said on Thursday.
Economists polled by Reuters had forecast claims rising to 225,000 in the latest week.
The labor market is considered to be close to or at full employment. Nonfarm payrolls increased by 223,000 jobs in May and the unemployment rate dropped to an 18-year low of 3.8 percent.
U.S. weekly jobless claims drop as labor market gains steam
DRUDGE REPORT 2018®