Jobless Claims Decrease to Lowest Level Since February? IS IT will continue to drag the weakness. !!!!!
The government’s latest tally of filings, taken during the survey week for the monthly employment report
bloomberg, differs little from the average for the last several months and bodes well for August hiring figures. The claims data are close to the 227,000 reported in late February, which was the lowest since the early 1970s. Business managers, posting jobs at a record-breaking pace, have been less inclined to fire workers and more focused on picking up staff amid a dwindling pool of unemployed. A healthy job market, despite still-subdued wage gains, is helping to keep up consumer spending and broader U.S. growth.
bloomberg repport
The government’s latest tally of filings, taken during the survey week for the monthly employment report
bloomberg, differs little from the average for the last several months and bodes well for August hiring figures. The claims data are close to the 227,000 reported in late February, which was the lowest since the early 1970s. Business managers, posting jobs at a record-breaking pace, have been less inclined to fire workers and more focused on picking up staff amid a dwindling pool of unemployed. A healthy job market, despite still-subdued wage gains, is helping to keep up consumer spending and broader U.S. growth.
bloomberg repport
