May 25, 2017
THANKS,UR!:
Jobless claims edge up; goods trade deficit widens (Lucia Mutikani, 5/25/17, rEUTERS)
The number of Americans filing for unemployment benefits rose less than expected last week and the four-week moving average of claims fell to a 44-year low, suggesting further tightening in the labor market. [...]It was the 116th straight week that claims were below 300,000, a threshold associated with a healthy labor market.That is the longest such stretch since 1970, when the labor market was smaller. The labor market is near full employment, with the jobless rate at a 10-year low of 4.4 percent.
Posted by Orrin Judd at May 25, 2017 10:34 AM