US jobless claims fall as record run persists

by
November 22, 2017

Unemployment+generic1Washington (AFP) – New claims for US jobless benefits fell in mid-November, confirming the strength of American labor markets and continuing a record streak of low levels, official data showed Wednesday.

The result suggested November could see continued strong job creation as employment recovers from hurricane-related disruptions at the end of the summer.

Data were collected during the survey week for the Labor Department’s monthly jobs report.

The record run of low levels could also be one more factor nudging the US central bank towards adopting a third interest rate increase for the year when it meets next month.

1 Comment - what are your thoughts?

  • Navy Bob says:

    Why is this not heralded on the nightly news? Why is this not on the front page, or more deserving of a headline, in the NY Times or Washington Post? Could it be that this is contrary to their editorial slant that the country is going to Hell in a hand basket under the current administration and truth be damned? When the unemployment rate dropped 0.01% in the last 8 years it was treated as an end to the recession and they supported a Nobel Prize and Sainthood for that President.

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