Jobless Claims Tick Up Slightly Off Historic Low

In September, the number of new claims for unemployment hit the lowest level in nearly 45 years! However, new claims increased slightly this month by 10,000 to a rate of 233,000 (seasonally adjusted). This is not too surprising. There will likely be some volatility in the job market numbers in the coming months as a result of the storms that hit Texas, Florida, and the Gulf Coast. A counter balance is the hiring that traditionally takes place in anticipation of the upcoming holidays.

When taken as a whole, and netting out the potential effects of the storms, the jobs market is reasonably healthy. Qualified and motivated job seekers should be finding job opportunities across most regions of the country and across most industries.

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