When inflation was high, good news for workers could be bad news for prices. But it looks like the labor market is in better balance.
About 198,000 people filed new claims last week. The drop continues a downward trend, even in the face of higher interest rates.
The U.S. job market as a whole continues to hum along.
This week jobless claims were at their lowest since 1968. What’s the economic downside of too few people looking for work?
