U.S. jobless claims rise, four-week average lowest since 1973

[applegrove]

U.S. jobless claims rise, four-week average lowest since 1973

Reuters

https://finance.yahoo.com/news/u-jobless-claims-rise-four-week-average-lowest-123841520--business.html

"SNIP..............


WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits rose marginally and the underlying trend continued to point to a fairly healthy labor market.

Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted 260,000 for the week ended Oct.
24, the Labor Department said on Thursday. They remained not too far from levels last seen in late 1973.

The prior week's claims were unrevised. It was the 34th straight week that claims were below the 300,000 threshold, which is normally associated with a fairly healthy jobs market.



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[applegrove]

1. GO OBAMA!