From The Washington Post this morning:
US unemployment claims fall to 222,000, lowest in 44 years. Data points:
- number of Americans collecting unemployment benefits fell last
week to the lowest level in 44 years
- another sign that most workers
enjoy job security
- jobless
aid dropped by 22,000 to 222,000, fewest since March 1973
- the less
volatile four-week average slid by 9,500 to 248,250, lowest since late
August
- the low
level suggests that employers are confident enough in the economy to
hold onto workers
- the unemployment rate last month hit a 16-year low
4.2 percent
- the Labor Department says that Hurricanes Irma and Maria
have disrupted the ability of people to file claims in Puerto Rico and
the Virgin Islands
If
CNBC reported this on television this morning, I missed it. But over at
CNBC on-line:
- first time claims dropped 22,000
- seasonally adjusted 222,000, the lowest level since March, 1973
- analysts had forecast claims falling to 240,000
- the decrease claims was the largest since April and was probably exaggerated by the Columbus Day holiday on Monday
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