Jobless Claims in U.S. Decrease to Match Lowest Level Since 1973 | Forex Factory

  • Jobless Claims in U.S. Decrease to Match Lowest Level Since 1973

    From bloomberg.com

    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. “There is an extremely low level of layoff activity going on right now,” Tom Simons, an economist at Jefferies LLC in New York, said before the report. “Most employers are running ... (full story)

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John Milner
Oct 15, 2015 9:40am
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Karl Marx and Fred Engels are surely smiling down on the USA today.
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gc44
Oct 15, 2015 8:00am
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I was thinking they didn't have too much time so pulled the figures out of a Hat.lol
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8fingers
Oct 15, 2015 7:54am
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They may have declined because there are more employed. Maybe. I think many americans (and illegals) collect some type of welfare and are overfed and lazy. Why bother to work when you can just be a social parasite living slightly above the poverty line? In this country you can claim some BS disability and receive free money. If your not white, you get welfare almost automatically. These #'s are BS anyway. Nothing in this 'country' is on the level. Especially it's so called 'citizens'.
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Hot4Pips
Oct 15, 2015 9:42am
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July 23, 2015 the number was 255,000.
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