Lowest Jobless Claims in almost 50 Years

Initial jobless claims fell another 8,000 to a seasonally adjusted 196,000 for the week ending April 6, the lowest level since October 4, 1969. During that week, weekly jobless claims came in at 193,000.

The 4-week moving average fell by 7,000 to 207,000, the lowest level for the average since December 6, 1969 when it was 204,500. Read More

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