Career News
Career News Headlines are automatically updated constantly as they break.
Custom Search

Home  |  Top  |   Site Map  |   About Us  |   Privacy Policy   |   Terms and Conditions   |   Our Governance  |     Feedback     |   Contact Us    |    FAQ    |    President's Credentials 

Media Room  |   Advertising  | Consumer Guide  |   The Bargain Center  |  Breaking US & World News  |   Breaking Sports News  |  Articles on Goods  |  Radio   |   Podcasts


Copyright 2002-2017 Patrick O'Neil Media Network Inc. - Economically promotes businesses online, on Radio and on Television stations in U.S.A.
Big News Friday May 19, 2017
Decreasing for three consecutive weeks, U.S. jobless claims have now tumbled to a 28 year low
The Labor Department has released figures revealing that state unemployment benefits decreased 4,000 to a seasonally adjusted 232,000 for the week ended May 13. This, the department pointed out pushed claims close to levels last seen in 1973 - a 28 and a half year low. Claims have now decreased for three consecutive weeks, pointing to rapidly shrinking labor market slack. Indicating a healthy labor market, the department said claims have now been below 300,000, for 115 straight weeks. This, it further noted was the longest such stretch since 1970, when the labor market was smaller. Meanwhile, hiring has remained steady, despite the first quarter's slow growth. In April, employers added 211,000 jobs as the unemployment rate fell to a 10-year low of 4.4 percent. Suggesting further job gains this...Read more
Custom Search