Sorry DEMs, Trump's Delivering for the American People. Jobless Claims Fall to Lowest in 48 Years
The numbers: The rate of layoffs in the U.S. fell in late April to the lowest level since 1969, yet another sign a roaring labor market shows no sign of cooling off.
Initial jobless claims fell by 24,000 to 209,000 in the week ended April 21, the government said Thursday. Economists surveyed by MarketWatch had forecast a 230,000 reading.
The more stable monthly average of claims declined by 2,250 to 229,250, the government said Thursday.
The number of people already collecting unemployment benefits, known as continuing claims, dropped by 29,000 to 1.84 million.
Source for Gerry:
https://www.marketwatch.com/story/what-layoffs-us-jobless-claims-fall-to-lowest-level-since-1969-2018-04-26