Posted on 01/17/2020 8:26:43 AM PST by Liberty7732
The number of initial jobless claims—a measure of Americans who applied for unemployment benefits—fell for the fifth straight week in early January, pointing to ongoing labor market strength.
Initial claims for state unemployment benefits fell by 10,000 to a seasonally adjusted 204,000 for the week ended Jan. 11, the Labor Department said on Thursday (pdf). Economists polled by Reuters expected claims would rise to 216,000 in the latest week, while those surveyed by MarketWatch forecast an even higher print of 220,000.
The better-than-expected initial claims figures are an encouraging sign for the U.S. economy, which saw slowing job growth in December.
The U.S. economy created 145,000 jobs last month after adding 256,000 positions in November, the Bureau of Labor Statistics said.
(Excerpt) Read more at theepochtimes.com ...
Unexpectedly!..........
Un-F'in-believable..
Wish somebody here would do a post on the LSU Tigers being welcomed by President Trump to the White House.
I just watched it on Fox, and it was AWESOME!!
Stop LEGAL immigration and let wages continue to inch up. The birth rate will go up too.
WINNING!
Ah, the result of President Trump's Magic Wand.
Just imagine where it would go if the H1Bs and illegals were reduced.
I am telling you they better worry about new jersey
Trump’s fault.
It doesn’t seem long ago that MSNBC and other networks were crowing that the recovery was over.
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