US Unemployment Applications at 7-month Low, Building Permits Jump

US Unemployment Applications at 7-month Low, Building Permits Jump

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image by Kevin P via MorguefileThe number of people applying for new unemployment benefits last week fell to its lowest level since April 2, signaling continued progress in the U.S. jobs market.

In other good news, U.S. home building fell less than expected in October, while a gauge of future construction surged, a sign the long-suffering housing sector might be stabilizing.

 

(READ the story in the Wall Street Journal)

Photo by Kevin P. via Morguefile

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