Update Economic USA Employment

Employment jobless claims for 1st time requests is continue to fall. Recent jobless claims were down another 15,000 for the week. The rate is now at 233,000 which is well below the 300,000 unofficial benchmark. This is also a record low since 1973. Additionally, the 4-week average remained nearly flat at 243,750 just 750 higher than the previous week. Continuing claims remained below $2 million for 9 straight weeks now at 1.977 million.

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Posted by Steve Albrecht