The U.S. Labor Department’s jobs report reveals an historic low in unemployment applications. Last month 187,000 people filed for unemployment, a number not seen since September 6, 1969. The figure also beat the expert’s predicted number for unemployment filings at 222,000 people.
TRUMP JOBS BOOM: U.S. Unemployment Claims Plunge to Lowest Level Since 1969, Shattering Forecasts– gellerreport.com
News Source
EXCERPT:
More breaking news the Democrat media axis will never report or without some fictional warning like this classic ABC News bullshit line, “historically low despite global economic uncertainty.”
US filings for unemployment aid fall to 187,000 last week, fewest since 1969
U.S. applications for jobless benefits tumbled to the lowest level in decades last week as layoffs remain historically low despite global economic uncertainty
WASHINGTON — U.S. applications for jobless benefits tumbled to the lowest level in more than five decades last week as layoffs remain historically low despite global economic uncertainty.
The number of Americans applying for unemployment benefits in the week ending July 18 declined by 22,000 to 187,000, the Labor Department reported Thursday. That’s the fewest number of weekly applications since the week ending Sept. 6, 1969, according to Labor Department data.
It’s also well below the 215,000 new applications forecast by analysts surveyed by the data firm FactSet.
Weekly filings for unemployment benefits are considered a proxy for layoffs and are close to a real-time indicator of the health of the U.S. job market.
2 thoughts on “Unemployment Claims Fall to Historic Lows”
Comments are closed.