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.
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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tight U.S. job market not attracting new people to the labor force: paperThe tight U.S. labor market is not drawing new people into the labor force, but ... Who the hell wants to work! It’s great to be semi retired 62 and in a couple more years no more work at all! BREAKING: Reports of 'Tight U.S. job market' revealed to be a massive shell game.... Start hiring older people
Source: Reuters - 🏆 2. / 97 Read more »
Huawei CEO says U.S. ‘underestimates’ the company’s strengthThe founder and chief executive of Huawei Technologies Co. says the U.S. government is underestimating the Chinese tech giant, and within a few years no one... 5G is carcinogenic After a couple of years, we will have 6G and 7G. Very unwise talk of the owner. I would have expected proof of no spying! Good luck with that.
Source: MarketWatch - 🏆 3. / 97 Read more »
S&P 500, Nasdaq's rallies put stock-market benchmarks on pace to erase weekly lossesStrong early gains for the S&P 500 index and the Nasdaq Composite on Thursday put both benchmarks on track to wipe out firm weekly declines after being...
Source: MarketWatch - 🏆 3. / 97 Read more »
American Express' CMO Elizabeth Rutledge: 'It's really important for us to market the marketing'AmEx CMO Elizabeth Rutledge discusses how the company works with agencies, competes with other financial services companies, and personalize its marketing. Very insightful!
Source: BusinessInsider - 🏆 729. / 51 Read more »
A tight labor market is holding small businesses back from expanding in this hot economyCNBC and SurveyMonkey's latest small business optimism index echoes that sentiment, finding 52 percent of small businesses say it's harder to find workers today than it was a year ago. But but but... I thought this was suppose to drive up wages? The Biggest threat to american business is the foolish policies put in place by Obama! Don’t be deceived by MainStreamMedia !!! Truths Tight labor market = higher wages!
Source: CNBC - 🏆 12. / 72 Read more »