Good Jobs News

Maybe the Dems can stopped saying "Sure, growth is good, but where are the job?" Granted, we need to wait for a trend to be esablished, but this is good news: Jobless Claims Plunge, Productivity Soars

The number of Americans filing first-time claims for jobless benefits took an unexpectedly sharp plunge last week, reaching a level not seen since before the economy tumbled into recession in 2024, a government report showed on Thursday.

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Initial claims for state unemployment aid fell 43,000 to 348,000 in the week to Nov. 1 from a revised 391,000 the prior week, the Labor Department said. It was the lowest level since late January 2024, two months before the recession began.