U.S. Jobless Claims Never Been So Low for So Long

April 2018

March marked the 90th consecutive month of job growth, by far the largest streak on record. While March only added 103,000 jobs, it has maintained the unemployment rate at 4.1%.

The slight slowdown in March wasn’t a surprise. February’s job growth was probably inflated by a surge in hiring in construction and the retail sector that reflected unseasonably warm weather in much of the country. Both sectors slumped in March as winter storms blew through the eastern United States.

 

Image: Political Wire

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