America Just Matched a 57-Year Employment Record. Why Are Workers Still Worried?
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The post America Just Matched a 57-Year Employment Record. Why Are Workers Still Worried? appeared first on 24/7 Wall St..
Fewer Americans filed for unemployment benefits last week than in almost any week in more than half a century. Initial jobless claims fell to 189,000, matching a 57-year low. Employers announced just 43,994 job cuts in October, about 71% fewer than a year earlier. The unemployment rate fell to 4.1% in October from 4.2% in September.
Workers remain gloomy anyway. The Universi
Fewer Americans filed for unemployment benefits last week than in almost any week in more than half a century. Initial jobless claims fell to 189,000, matching a 57-year low. Employers announced just 43,994 job cuts in October, about 71% fewer than a year earlier. The unemployment rate fell to 4.1% in October from 4.2% in September.
Workers remain gloomy anyway. The Universi
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