U.S. weekly jobless claims drop to seven-month low

A"Now Hiring" sign sits in the window of Tatte Bakery and Cafe in Cambridge, Massachusetts, U.S., February 11, 2019. REUTERS/Brian Snyder/Files

Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 203,000 for the week ended Nov. 30, the lowest level since mid-April, the Labor Department said on Thursday. Data for the prior week was unrevised.Claims data tend to be volatile around holidays like last week’s Thanksgiving Day, which was later this year compared to 2018. This can throw off the model that the government uses to strip out seasonal fluctuations from the data.

The claims data has no bearing on November’s employment report, which is scheduled for release on Friday. According to a Reuters survey of economists, nonfarm payrolls probably increased by 180,000 jobs in November, boosted by the return of about 46,000 striking General Motors workers. The 40-day strike had helped to hold job growth down to 128,000 in October.

How many were full time/salaried/with health insurance and retirement vs part time/wage/no benefits?

More slave jobs for all!!!! Want one job have three!!! When one doesn’t pay get another. If that doesn’t pay the bills have another!!! On the house! Get your three jobs today!!!

Wall Street financier stole my money

Good news, now people can work that third job to pay half the rent.

BS

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