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…] [jp_post_view]
- Jobless Claims Unexpectedly Plunge to New Post-1969 Record
- REPORT: Mueller Will Accept Written Answers From Trump on ‘Russian Collusion’
- WAYNE ALLYN ROOT: Nike vs In-n-Out: The Silent Majority Have Spoken
- Chuck Todd Silent on NBC News’ Weinstein Scandal After Declaring War on Media Critics
- Social media users falsely accuse ex-Trump official of making ‘white power’ gesture at Kavanaugh hearing
- Investigation: Potentially 39M Cases of Identity Theft by Illegal Aliens in Four Years
- White House: Media Dividing Our Country More than Donald Trump
- China Angered by ‘America First’ Commitments in U.S. Defense Act
- July Retail Sales Rock, Productivity Soars Above Expectations, Manufacturing Businesses Booming
- Top 10 Reasons Why Today’s Robust Economy Belongs to President Trump and Not to Obama