Before the big jobs report hits at 8:30 a.m., check out these charts. Though there is still a long way to go, they tell a clear story of improvement in the US labor market.
Weekly jobless claims are now below the 400,000-level that has long been seen as a barrier to sustainable job creation.
Even taking the recent spike higher into account, the four-week moving average—which gives a clearer sense of the trend—is at its lowest point since 2008.
Check back in a few as we’ll be adding charts up until the numbers hit at 8:30 a.m.
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