Purge evil with Justice
- Jul 24, 2011
- Reaction score
- Political Leaning
- Slightly Liberal
US jobless claims fall to lowest since start of year
Initial unemployment claims decreased by 18,000 to 215,000 in the week ended February 26, US data revealed.
Applications for U.S. state unemployment insurance fell by more than forecast to the lowest level since the start of the year, as Covid-19 cases decline and restrictions ease.
Initial unemployment claims decreased by 18,000 to 215,000 in the week ended Feb. 26, Labor Department data showed Thursday. The median estimate called for 225,000 applications in a Bloomberg survey of economists
With unemployment low and inflation high, I think it's a done deal that the fed will start raising interest rates soon.