The amount of citizens in the United States who were submitting applications in order to receive unemployment benefits has declined, showing that the jobless rate has also declined as well. And, with that information, many people feel less concerned and more secure about the labor market, especially since many were worried that the labor market was falling apart, especially since there was not much job growth in the United States during the month of April. Information like this proves that the economy is recovering, especially after the great recession, which basically destroyed to the United States economy as a whole. Right now, the United States is on a steady pace of growth, even though it may not be as fast of a growth as people have been hoping for and even though there were not as many jobs made available during the month of April for this year.

A senior macro strategist in New York, Millan Mulraine, says that the slow economic activity may be a thing of the past, as unemployment benefit claims have been declining, even though economist expected that the claims were actually going to increase. Both imports and exports had positive gains ever since the month of January which shows that these improvements are not only being made but are also consistent. It also shows that the economy has not really slowed down, which was a huge concern for many, as people were worried that the recovery of the economy was going to slow its pace and even possibly come to a halt. The labor market is, in fact, improving in the United States, which is nothing but good news to the citizens who have been hoping for this for quite a while now. Debt prices are declining at the same time in which stocks in the United States were lifted.

This data provided some much needed relief, especially since everyone was so concerned with the sluggish results from the month of April and the lack of employment gains that took place during that month. Only 115,000 new jobs were made available in the United States throughout the month of April, which had many worried because that was the fewest amounts of jobs made available within the span of six months. Economists are saying that the lack of job creation during the month of April could be partly due to the warmer winter, which was quite unusual in many areas, as winter is often quite cold in a number of areas in the United States. With such a warm winter, however, some companies did their hiring a bit earlier than usual. Even with less jobs being created during the month of April, the job growth in the United States is moderate.