Author Topic: U.S. weekly jobless claims fall more than expected  (Read 850 times)

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U.S. weekly jobless claims fall more than expected
« on: May 31, 2018, 12:41:59 pm »

Reuters
Reuters Staff
MAY 31, 2018

(Reuters) - New applications for U.S. unemployment benefits fell more than expected last week, but claims for several states including California and Virginia were estimated.

Initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 221,000 for the week ended May 26, the Labor Department said on Thursday. Claims data for the prior week was unrevised.

Economists polled by Reuters had forecast claims falling to 228,000 in the latest week. The Labor Department said claims for California, Kansas, Virginia, Maine, Hawaii, Puerto Rico and the Virgin Islands were estimated last week because of Monday’s Memorial Day holiday.

The labor market is viewed as being close to or at full employment. The jobless rate is near a 17-1/2-year low of 3.9 percent, within striking distance of the Federal Reserve’s forecast of 3.8 percent by the end of this year.

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https://www.reuters.com/article/us-usa-economy/u-s-weekly-jobless-claims-fall-more-than-expected-idUSKCN1IW1NX
You cannot "COEXIST" with people who want to kill you.
If they kill their own with no conscience, there is nothing to stop them from killing you.
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Offline Frank Cannon

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Re: U.S. weekly jobless claims fall more than expected
« Reply #1 on: May 31, 2018, 12:59:32 pm »
Yes. You guessed it.......more tangible proof Trump is GOD!!!!

Offline aligncare

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Re: U.S. weekly jobless claims fall more than expected
« Reply #2 on: May 31, 2018, 01:13:34 pm »
We suffered a stagnant economy and job market for eight long years under Obama’s economic policies. Virtually the moment he was out of office things started to turn around. Add to that, President Trump’s free-market approach to the economy, and it has been nothing less than miraculous.