American Job Market Still Strong As Unemployment Claims Drop By 12K
- 6 years ago
Fewer Americans filed for unemployment last week than they have in 45 years.
The figures suggest the economy remains strong despite a first quarter slowdown.
Initial jobless claims dropped 12,000 to a seasonally adjusted 215,000.
The Labor Department said Thursday it's the lowest level since January, 1973.
The figures suggest the economy remains strong despite a first quarter slowdown.
Initial jobless claims dropped 12,000 to a seasonally adjusted 215,000.
The Labor Department said Thursday it's the lowest level since January, 1973.