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Thu Mar 14, 2019, 12:58 PM

US Jobless Claims Rise to A Four-Week High, Topping Forecast

Filings for U.S. unemployment benefits rose to a four-week high and exceeded estimates, a sign the labor market may be softening somewhat even as it remains strong overall.

Jobless claims rose to 229,000 in the week ended March 9, above economist forecasts for 225,000, Labor Department figures showed Thursday. The four-week average, a less-volatile measure, declined to a six-week low of 223,750.

Key insights

The rise in claims, although modest, suggests forces such as the government shutdown and slower global growth could be reverberating through the economy. Some analysts have expressed concern that recent rises in claims indicate the job market may be cooling somewhat following several years of strong gains. At the same time, the Federal Reserve's patient stance on interest rates is likely to support further labor-market gains in coming months.

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https://www.benefitnews.com/articles/us-jobless-claims-rise-to-a-four-week-high-topping-forecast

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Reply US Jobless Claims Rise to A Four-Week High, Topping Forecast (Original post)
RCW2014 Mar 14 OP
quad489 Mar 14 #1
Salaam Mar 14 #2

Response to RCW2014 (Original post)

Thu Mar 14, 2019, 01:16 PM

1. ''A Four-Week High''....OMG, TIME TO IMPEACH HIM BEFORE IT BECOMES FIVE (5) WEEK HIGH!!!!!

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Response to RCW2014 (Original post)

Thu Mar 14, 2019, 05:42 PM

2. weak Donnie inherited a strong economy from Obama.

But dumb Donnie can screw it up, like he did so many times when his daddy bailed him out.

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