In fact, the initial claims for unemployment have been very low, right above the 220K level – and this is a high-frequency weekly data and a leading indicator for the labor market.

That’s a very long way from the official 4.2 percent unemployment figure. It’s also an echo of voters’ frequent and loud complaints during the campaign.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday. U.S. jobless ...

The low unemployment rate, which stood at 4.2% in April, has signaled to economists and investors alike that the U.S. economy remains relatively healthy.

The low unemployment rate, which stood at 4.2% in April, has signaled to economists and investors alike that the U.S. economy remains relatively healthy.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday. U.S. jobless ...