Jobless Claims Continue To Fall! Now At 364,000, A 3 1/2 Year Low
The headline says it all, people: new claims for unemployment insurance by the recently laid off fell last week to 364,000, a decrease of 4,000 from the previous week and the lowest level since April 2008.
“The employment situation continues to show strong signs of a recovery and goes against the grain of what people felt four months ago,” economist Andrew Wilkinson told Reuters.
Continuing claims, which are reported a few weeks behind, also fell: for the week ended Dec.
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