The Traderszone Network

Published in TZ Latest News 14 May, 2015 by The TZ Newswire Staff

U.S. labor market tightening; inflation still muted

The number of Americans filing new claims for unemployment benefits fell last week to near a 15-year low, indicating the jobs market was on solid footing even as the economy struggles to regain momentum after abruptly slowing in the first quarter. Despite the tightening labor market, a strong dollar and lower oil prices are keeping inflation under wraps. “The labor market is doing well … inflation is not going anywhere fast.

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