BREITBART NEWS: Jobless claims fell last week even further to a new post-1969 record of 203,000.
This is the lowest level for initial claims for state unemployment benefits since December 6, 1969 when it was 202,000.
The 4-week moving average, considered a better gauge of the labor market because it smooths out week-to-week volatility, fell to 209,500 from 212,250. This is the lowest level for this average since December 6, 1969 when it was 204,500.
Jobless claims have been closely watched in recent weeks for signs that trade disputes might weigh on the jobs market. To the surprise of many economists and critics of the Trump administration, jobless claims show no signs of stress from tariffs that U.S. has put in place or retaliation from foreign countries.
[Read More…] 108 views
- Border rancher: ‘We’ve found prayer rugs out here. It’s unreal’
- Hoping to keep his seat and wary of angering the base, McConnell defers to Trump on the shutdown
- The IRS is recalling 46,000 workers to handle tax returns
- Nancy Pelosi Asks Trump to Postpone State of the Union Address
- ‘THE SMOKING GUN’: Google Manipulated YouTube Search Results for Abortion, Maxine Waters, David Hogg
- Networks Trashed Trump With 90% Negative Spin in 2018, But Did It Matter?
- Judge Blocks Trump Admin from Adding Citizenship Question to 2020 Census
- Huckabee: FBI Agents Who Secretly Investigated Trump Should Be Prosecuted
- Exiled Trump-Hating Politicians Seek Refuge at Leftist Cable Networks – Big League Politics
- ABC/WaPo Poll: Support for Border Wall Soars Among Swing-Voters