Initial Jobless Claims Near Lowest Since 1973, But Hours Worked YoY Shrinks By Most Since Great Recession

This is like one of those ‘good news, bad news’ jokes.
First, the good news.
Initial jobless claims fell to 234K as of the week of February 4th, beating expectations of 249K.
This is near the lowest level since 1973.

This post was published at Wall Street Examiner on February 9, 2017.

 

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