US jobless claims at 52-year low amid seasonal volatility
US jobless claims at 52-year low amid seasonal volatility
By Paul Wiseman | The Associated Press
The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S. job market is recovering from last year’s coronavirus recession.
Unemployment claims dropped by 43,000 to 184,000 last week, the lowest since September 1969, the Labor Department said Thursday. The four-week moving…