US Jobless Claims Fall to Near 43-Year Low

February 9, 2017

The labor market is at or close to full employment, with the unemployment rate at 4.8 percent. It hit a more than nine-year low of 4.6 percent in November. The economy created 227,000 jobs in January. Claims have now remained below 300,000, a threshold associated with a strong labor market, for 101 […]

US Starts Year with Job Surge, but Pay Gains are Weak

February 3, 2017

Job growth was quick out of the gate in the new year, as employers added a healthy 227,000 workers to their payrolls in January. But despite a surge of local minimum-wage increases in states across the country, wage growth was meager. […]

Jobless Claims Fall to Near 43-Year Low

January 5, 2017

Initial claims for state unemployment benefits dropped 28,000 to a seasonally adjusted 235,000 for the week ended December 31, the Labor Department said on Thursday. That was close to the 233,000 touched in mid-November, which was the lowest level since November 1973. […]

EPI: Why Unemployment Will Keep Dropping in 2017

January 4, 2017

“The economy has been steadily recovering from the 2007­–08 Great Recession and is expected to continue heading toward full employment in the next year or two,” writes Elise Gould for The Economic Policy Institute. “Many signs suggest that we are […]

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