US jobless claims hit lowest level since 1969

Source: Yahoo! Finance

“The Labor Department said Thursday that U.S. initial unemployment claims totaled 189,000 for the week ending April 25, down 26,000 from a revised prior-week figure of 215,000. That is the lowest reading in more than 50 years, according to The Associated Press, citing research firm High Frequency Economics, which said the figure was the fewest new applications since September 1969. Analysts had projected 212,000 applications for the week, according to Bloomberg. … historically low filing numbers have persisted even though a string of prominent employers — among them Meta Platforms, Nike, Morgan Stanley, and Amazon — have publicly announced workforce reductions, according to Bloomberg and The Associated Press.” (04/30/26)

https://finance.yahoo.com/economy/articles/u-jobless-claims-hit-lowest-142254322.html