Summary:
Jobless claims: the employment sector of the economy continues to do just fine [Note: I’ll comment on this morning’s retail sales report for March separately] Initial jobless claims rose 18,000 to 185,000 from their 50+ year last week. The 4 week average rose 2,000 from last week’s all-time low to 172,250. Continuing claims declined -48,000 this week to 1,475,000, a new 50 year low (but still higher than the 1960s): Essentially nobody is getting laid off. We’re still about 1.6 million shy of “full employment,” by my calculation, but with that exception, the jobs part of the economy is doing just fine. Tags: jobless claims
Topics:
NewDealdemocrat considers the following as important: jobless claims, US EConomics
This could be interesting, too:
Jobless claims: the employment sector of the economy continues to do just fine [Note: I’ll comment on this morning’s retail sales report for March separately] Initial jobless claims rose 18,000 to 185,000 from their 50+ year last week. The 4 week average rose 2,000 from last week’s all-time low to 172,250. Continuing claims declined -48,000 this week to 1,475,000, a new 50 year low (but still higher than the 1960s): Essentially nobody is getting laid off. We’re still about 1.6 million shy of “full employment,” by my calculation, but with that exception, the jobs part of the economy is doing just fine. Tags: jobless claims
Topics:
NewDealdemocrat considers the following as important: jobless claims, US EConomics
This could be interesting, too:
Angry Bear writes Wages Have Not Caught Up with Previous Inflation
Bill Haskell writes Cannon ball don’t pay no mind . . .
NewDealdemocrat writes Economic Data
Bill Haskell writes Industrial Policy
Jobless claims: the employment sector of the economy continues to do just fine
[Note: I’ll comment on this morning’s retail sales report for March separately]
Initial jobless claims rose 18,000 to 185,000 from their 50+ year last week. The 4 week average rose 2,000 from last week’s all-time low to 172,250. Continuing claims declined -48,000 this week to 1,475,000, a new 50 year low (but still higher than the 1960s):
Essentially nobody is getting laid off. We’re still about 1.6 million shy of “full employment,” by my calculation, but with that exception, the jobs part of the economy is doing just fine.