July 23, 2015

Jobless claims at lowest level in 41 years

CNBC - The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41-1/2 years, suggesting job growth remained solid despite slowing in June. Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 255,000 for the week ended July 18, the lowest level since November 1973, the Labor Department said.

2 comments:

Anonymous said...

it just means everyone has permanently left the labor market.

Anonymous said...

Sitdown strike of a sort. These people are not buying it, literally.