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US – Initial Claims
14/09/2018 10:23 am MYT
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Layoffs remained on a downtrend amidst tight labour market. The seasonally adjusted initial claims for the week ending 8 Sep 2018 were 204,000, down 1,000 from the previous week. The 4-week moving average fell 2,000 from the previous week to 208,000 – see figure 1. Both recorded their lowest levels since 6 Dec 1969. Continuing jobless claims for the week ending 1 Sep 2018 registered a seasonally adjusted 1.696 mln, down 15,000 from the previous week, while the 4-week moving average decreased by 8,250 to 1.711 mln, making for their lowest level since 1 Dec 1973 and 24 Nov 1973.

 

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Note from Publisher
Despite being a multi-racial, multi-cultural, and multi-religious society, Malaysia has largely been a peaceful country. This is a great achievement in light of a world that is being ravaged by multiple conflicts. Unfortunately, certain individuals and groups have hated this precious social fabric of the country and are making every effort to tear it apart. People say “you never know what you have until you lose it”. We really hope these selfish and irresponsible people will come to their senses before it is too late.

Nevertheless, it is heartening to see that the Malaysian media and civil society organisations have collectively launched a campaign called “Maaf Zahir Batin Hari Hari” or known as #MZB365 to help heal a dividing Malaysia. Carrying the meaning of “please forgive my wrongs, both thoughts and deeds”, the campaign will run for one whole year. This initiative could not have come at a better time. We believe the majority of Malaysians still treasure the country’s unique social fabric. With #MZB365, hopefully the silent majority can have a bigger voice to counter the destructive noises of the divisive minority.
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