The Labor Department reported that Americans filing for first-time unemployment benefits fell to a 5-month low, signaling ongoing strength in the job market. Weekly Initial Jobless Claims fell to 259,000, and below the 275,000 expected. Claims have been running below the 300,000 mark for a year, the longest stretch since the early 1970s.
The post Initial Jobless Claims drop to 5-Month Low appeared first on Northwest Mortgage.
NMLS# 150953
© 2024 All Rights Reserved | Luminate Home Loans, Inc.
5605 112th St E
Puyallup, WA 98373
Hours:
Monday to Friday
9am to 5pm