THE number of people seeking US unemployment aid dropped to the lowest level in 14 years last week, the latest signal that companies are cutting few workers and hiring could remain healthy.
THE Labour Department says weekly applications for unemployment aid fell 23,000 to a seasonally adjusted 264,000, the lowest level since April 2000.
Given that the US population has grown considerably since then, the proportion of the US workforce applying for benefits is even smaller. Applications are a proxy for layoffs.The figures come as concerns about slowing global economic growth have roiled financial markets for the past week. A drop in US retail sales, reported on Wednesday, intensified the volatility.The four-week average of applications, a less volatile measure, dropped 4250 to 283,500, the lowest level since June 2000.Anda sedang membaca artikel tentang
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