Thursday, April 20, 2017

Number of people collecting unemployment checks hits 17-year low, jobless claims show - MarketWatch

Number of people collecting unemployment checks hits 17-year low, jobless claims show - MarketWatch: The number of out-of-work people collecting unemployment checks fell to a 17-year low in April, underscoring the strongest U.S. labor market in years.

So-called continuing jobless claims fell by 49,000 to 1.98 million, marking just the second time they’ve fallen below 2 million during the current eight-year-old economic expansion. Continuing claims also dipped below the 2 million mark in March.

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