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10/19/2017 7:43 am  #1


Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market

Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market

https://www.bloomberg.com/news/articles/2017-10-19/fewest-jobless-claims-since-1973-show-firm-u-s-job-market

Filings for unemployment benefits plunged last week to the lowest level since 1973 as workers affected by hurricanes Harvey and Irma continued to return to their jobs, Labor Department figures showed Thursday.Highlights of Jobless Claims (Week ended Oct. 14)


  • Jobless claims decreased by 22k to 222k (est. 240k), the lowest since March 1973
  • Period included Columbus Day holiday, giving persons one less day to file claims
  • Continuing claims fell by 16k to 1.89m in week ended Oct. 7 (data reported with one-week lag)
  • Four-week average of initial claims, a less-volatile measure than the weekly figure, dropped to 248,250 from 257,750


 “We hold these truths to be self-evident,”  former vice president Biden said during a campaign event in Texas on Monday. "All men and women created by — you know, you know, the thing.”

 
 

10/19/2017 7:49 am  #2


Re: Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market

Great news. A strong jobs market is part of the legacy of the Obama era.


We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 
 

10/19/2017 9:25 am  #3


Re: Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market

I hope the trend continues, and at the same time we see a rise in worker pay.

 

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