Layoffs hover near 44-year low as firms scramble to find workers

• July 20, 2017
• realestatelife
• Business & Markets, Politics & Economy, Real Estate Finance

The number of Americans who applied for unemployment benefits sank in mid-July and hovered near a 44-year low, reflecting the healthiest jobs market in more than a decade.
Initial jobless claims in the period running from July 9 to July 15 fell by 15,000 to a seasonally adjusted 233,000. That matches the second-lowest level since the 2007-09 recession.