December 29, 2016

NO ONE WILLING TO WORK DOES NOT HAVE A JOB:

Labor market near full strength (Jason Lange, 12/29/16, Reuters)

[I]nitial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 265,000 for the week ended Dec. 24, the Labor Department said.

It was the 95th straight week that claims were below 300,000, a threshold associated with a healthy labor market. That is the longest stretch since 1970, when the labor market was much smaller.

Posted by at December 29, 2016 2:35 PM

  

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