Jobless Claims Fall to Lowest in Nearly 49 Years Since 1969

MORE AMAZING ECONOMIC NEW BROUGHT TO YOU BY THE TRUMP ECONOMY …

As reported at CNBC, the number of Americans filing for unemployment benefits fell last week, hitting near a 49-year low of 201,000. That is the lowest level since November 1969. The rate of layoffs in the U.S. have been declining for years and are now near the lowest levels in half a century.

This is why you elected Donald Trump president. He can only continue the amazing economy with a Republican, and more so Conservative Republican House and Senate.

The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting near a 49-year low in a sign the job market remains strong.

Initial claims for state unemployment benefits fell by 3,000 to a seasonally adjusted level of 201,000 for the week ended Sept. 15, the Labor Department said on Thursday. That is the lowest level since November 1969. Data for the prior week’s claims was unrevised.

Economists polled by Reuters had forecast claims rising to 210,000 in the latest week.

The Labor Department said only claims for Hawaii were estimated last week. The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, declined by 2,250 to 205,750 last week, the lowest level since December 1969.

America, wake up. Under President Donald J. Trump we have not seen these finds of economic numbers in half a century. This is historic. Unemployment benefit claims at record lows, black unemployment at record lows, Hispanic unemployment at record lows, a current unheard of 3.9% unemployment rate, 4.2% GDP last quarter and consumer and business optimism is through the roof. Trump has renegotiated NAFTA with Mexico for a better US deal and is about to do the same with Canada.

A note to Republicans, Independents and blue color, hard working Democrats … this is what you wanted! This is why you elected Donald Trump in 2016. Look what he has made possible in less than 2 years. If you want all this to come crashing down then by all means put the Democrats back in control in the House and Senate and watch the collapse of the economy. It is up to you to continue to Make America Great Again.