U.S. jobless claims edge up 3,000 to 241,00

• June 22, 2017
• realestatelife
• Business & Markets, Real Estate Finance

Continuing Jobless Claims 1.944M vs. estimates of 1.928M. Fewer than 250,000 Americans applied for unemployment benefits in mid-June, underscoring the strength of a U.S. jobs market whose biggest problem is a growing shortage of qualified workers. The strong labor market is a reflection of a steadily growing economy that’s still quite sturdy after eight years of expansion. The ongoing expansion is now the third longest since World War Two.