WASHINGTON - The number of Americans filing applications for unemployment benefits unexpectedly fell last week, pointing to sustained labor market strength even as the economy slows.
Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 211,000 for the week ended May 18, the Labor Department said on Thursday. Data for the prior week was unrevised. Claims have now declined for three straight weeks. The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, dropped 4,750 to 220,250 last week.
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ohhh
Pfft.. An administration that hides scientific climate data, recalculates poverty and pollution stats, forces out career researchers, and hides numbers of kids separated at the borders, is not likely giving us accurate economic jobs data. Not when they use Trump accountants.
It's all good, before the fall.
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