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Thu Oct 15, 2015, 11:31 AM

Jobless Claims in U.S. Fall to Match Lowest Level Since 1973 [View all]

Source: Bloomberg

The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.

Initial unemployment claims dropped by 7,000 to 255,000 in the week ended Oct. 10, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000 applications. The decline brought the monthly average to its lowest level since December 1973.

“These numbers are pretty impressive,”said Brian Jones, senior U.S. economist at Societe Generale in New York, who correctly projected the number of applications. “Both the initial and continuing claims numbers are consistent with the fact that we have a labor market that’s fairly tight and continues to improve.”



http://www.bloomberg.com/news/articles/2015-10-15/jobless-claims-in-u-s-decrease-to-match-lowest-level-since-1973

Read more: http://www.bloomberg.com/news/articles/2015-10-15/jobless-claims-in-u-s-decrease-to-match-lowest-level-since-1973

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Reply Jobless Claims in U.S. Fall to Match Lowest Level Since 1973 [View all]
Historic NY Oct 2015 OP
FBaggins Oct 2015 #1
uawchild Oct 2015 #2
Recursion Oct 2015 #3
uawchild Oct 2015 #4
whatthehey Oct 2015 #5
uawchild Oct 2015 #10
Recursion Oct 2015 #11
uawchild Oct 2015 #19
whatthehey Oct 2015 #13
Recursion Oct 2015 #7
uawchild Oct 2015 #6
Recursion Oct 2015 #8
JackRiddler Oct 2015 #14
Recursion Oct 2015 #15
uawchild Oct 2015 #17
uawchild Oct 2015 #20
whatthehey Oct 2015 #21
JackRiddler Oct 2015 #24
whatthehey Oct 2015 #28
uawchild Oct 2015 #16
whatthehey Oct 2015 #23
JackRiddler Oct 2015 #25
whatthehey Oct 2015 #27
whatthehey Oct 2015 #12
winstars Oct 2015 #9
Jimbo S Oct 2015 #18
IronLionZion Oct 2015 #22
CentralMass Oct 2015 #26