✉news BusinessEconomy first seen 3 d ago, last 3 d ago, peak #16
US jobless claims near lowest levels since the 1960s
Original: Jobless claims near the lowest since the 1960s as low-fire trend continues
New weekly US jobless claims have fallen close to their lowest levels since the 1960s, reflecting what analysts call a 'low-fire' labor market in which employers are holding onto workers and cutting few jobs. The data points to continued strength in hiring conditions even as overall job growth slows, drawing attention from economists watching for signs of labor market cooling.
Why now: Fresh weekly jobless claims data showing an exceptionally resilient US labor market is drawing widespread attention.
United StatesUS Department of Labor
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