U.S. economic outlook brightens as job market tightens
Posted: Fri May 19, 2017 6:22 am
Reuters - 5/18/2017 - Lisa Mutikani - New applications for U.S. jobless benefits unexpectedly fell last week and the number of Americans on unemployment rolls tumbled to a 28-1/2-year low, pointing to rapidly shrinking labor market slack. The economy's brightening prospects were further boosted by other data on Thursday showing a sharp acceleration in factory activity in the mid-Atlantic region in May as manufacturers reported a jump in goods shipments and more hours for workers. In addition, a gauge of future U.S. economic activity rose again in April. Read more @ http://www.reuters.com/article/us-usa-e ... SKCN18E1OV