Initial Unemployment Claims

November 14, 2019 Initial unemployment claims rose 14 thousand in the week ending November 9 to 225 thousand.  The four-week average of claims rose 2 thousand to 217 thousand.  The 4-week average for the week of April 13 of 202 thousand was the lowest for the current...

Unemployment vs. Job Openings

November 5, 2019 The  Labor Department reported that job openings fell 3.8% in September to 7,024 thousand after having risen 1.8% in August.  Job openings remain at a very elevated level.  Indeed, there are far more job openings today than there were prior to the...

Unemployment Rate

November 1, 2019 The unemployment rate rose 0.1% in October to 3.6% after having declined 0.2% in September.   At 3.6% the unemployment remains close to its lowest level since December 1969  — almost 50 years ago.  The labor force rose 325 thousand in October. ...