Jobless claims slide to their lowest level since 1969
|04/11/2019||Posted by BusinessMediaguide.Com under General World News||
- Initial jobless claims fell to their lowest level in 50 years last week.
- The number of Americans who applied for unemployment benefits dropped by 8,000 to 196,000 in the week that ended April 6.
- Thursday’s results offer the latest sign that the labor market hasn’t run out of steam against a backdrop of slowing economic growth.
The number of Americans applying for unemployment benefits fell more than expected last week, hitting the lowest level in nearly 50 years.