From Dow Jones to Morningstar.com
By Sarah Chaney
A gauge of layoffs across the U.S. fell last week to the lowest level since 1969, suggesting the labor market remains on solid ground despite concerns of slowing economic growth.
Initial jobless claims declined by 13,000 to a seasonally adjusted 199,000 in the week ended Jan. 19, the Labor Department said Thursday. This marks the lowest level for claims since November 1969, when applications clocked in at 197,000.
Strong jobless claims could help offset fears of a slowing U.S. economy tied to trade tensions with China and the federal government shutdown. The data come against the backdrop of this week’s strong earnings reports among major U.S. companies such as Procter & Gamble Co.
ABOUT JEFF ALTMAN, THE BIG GAME HUNTER
Jeff Altman, The Big Game Hunter is a career and leadership coach who worked as a recruiter for more than 40 years. He is the host of “No
BS Job Search Advice Radio,” the #1 podcast in iTunes for job search with more than 1300 episodes and his newest show, “No BS Coaching Advice.” He is a member of The Forbes Coaches Council.
Are you interested in 1:1 coaching, interview coaching, advice about networking more effectively, how to negotiate your offer or leadership coaching? Connect with me on LinkedIn. Then message me to schedule an initial complimentary session.
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JobSearchCoachingHQ.com offers great advice for job hunters—videos, my books and guides to job hunting, podcasts, articles, PLUS a community for you to ask questions of PLUS the ability to ask me questions where I function as your ally with no conflict of interest answering your questions.
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