“With the unemployment rate near a 49-year low of 3.7 percent, Federal Reserve officials view the labor market as being at or beyond full employment.”
- The number of Americans filing applications for jobless benefits tumbled to near a 49-year low last week
- Initial claims for state unemployment benefits dropped 27,000 to a seasonally adjusted 206,000 for the week ended Dec. 8, the Labor Department said
- Economists polled by Reuters had forecast claims falling to 225,000 in the latest week
Source: https://www.cnbc.com/2018/12/13/weekly-jobless-claims.html