In a hopeful but tentative sign for the job market, there’s news today that fewer people signed up for unemployment benefits last week. That’s more than expected and brings this down to the best level in nearly six years. A four week average is also nicely down. Diane Swonk, chief economist at Mesirow Financial in Chicago discusses what this means to market players.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.