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April 11, 2019

Unexpectedly (Really), Jobless Claims Fall Again, Falling to 49-Year-Low


This is just because people are so poor they have like nine or ten jobs each or something.

Filings for U.S. unemployment benefits unexpectedly dropped, falling to the lowest level since October 1969 and suggesting little sign of cooling in a tight labor market.

Jobless claims decreased to 196,000 in the week ended April 6, Labor Department figures showed Thursday. The level fell below all estimates in Bloomberg’s survey of economists, which had called for an increase. The four-week average, a less-volatile measure, declined to 207,000, the lowest since December 1969.

You know who's interfering with the US job market to make it appear strong?

The Russians. Ask AllahPundit's leftwing blog pals.



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posted by Ace of Spades at 05:20 PM

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