US jobless claims fell last week after rising for two weeks in a row, confirming the recovery of the US labor market from the effects of hurricanes that hit several parts of the United States, the Labor Department announced Wednesday.
This means that this month may see an increase in the number of new jobs with an unprecedented drop in unemployment, which currently stands at only 4.1 percent, for the first time in nearly 17 years.
The figures indicate that jobless claims fell by 13,000 by 18 November to 239,000, in line with economists' expectations.
This is the 142nd week in a row, with the number of jobless claims exceeding the 300,000 mark for the first time since 1970.
Nevertheless, the Federal Reserve recently reported that the market was suffering from a clear lack of employment, which represented difficulties for companies in recruiting qualified staff with vacant positions.
The US economy grew by 3 percent in the third quarter of this year, according to a Commerce Department report at the end of October.
President Donald Trump has on several occasions promised to adopt economic and fiscal policies that will drive the economy's growth rate to 3 percent on a consistent basis.
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