US unemployment claims rise by 4,000 to 239,000

The economy has stayed strong despite a 35-day partial shutdown of the federal government, higher interest rates, and trade disputes with China and other U.S. trading partners.

US unemployment claims rise by 4,000 to 239,000

Unemployment is at 4 percent, near what economists consider full employment.


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2 Comments - Write a Comment

  1. In the gig-economy, I think it’s about time economists move beyond flat employment rates, and start looking at income resulting from such jobs.

    Do gig-jobs not result in under-employment?

    Reply
  2. I wonder what’s the unemployment rate for people over 55. It’s 100% in my household.

    Reply

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