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Title : Claims Are Down More Than 10% From A Year Ago -- The Political Page, T+208 -- August 16, 2017
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Claims Are Down More Than 10% From A Year Ago -- The Political Page, T+208 -- August 16, 2017

Jobs. First time unemployment claims --

• fell 8,000 to 237,000
• four-week average rose by 1,000 to 243,000
• applications for unemployment benefits are a proxy for layoffs
• claims have come in below 300,000, a historically low figure, for 119 straight weeks, the longest such stretch since 1970
• overall, 1.94 million people were collecting unemployment checks, down 10.2 percent from a year ago

Down more than 10% from a year ago. Wow. 

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