National unemployment metrics for the last week of March, 2018

Unbelievable Unemployment

First-time claims for unemployment insurance came in last week at 215,000, the lowest weekly level since 1/27/73, 45 years ago! Moreover, first-time claims have now remained below 300,000 for 160 straight weeks, tying the previous record that ended on 4/4/1970. Despite rising rates, trade tensions, and a tech wreck on Wall Street, Main Street keeps chugging! The March unemployment rate will probably hit 4%, its lowest rate since 12/00!

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Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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