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Title : Unemployment LOWEST In 45 Years -- President Trump Not Mentioned In The Article -- March 29, 2018
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Unemployment LOWEST In 45 Years -- President Trump Not Mentioned In The Article -- March 29, 2018

Econoday link:

• prior revised: from 229K to 227K (better)
• forecast for past week: 228K
• actual: 215K -- wow!
• new claims: a decrease of 12,000 

Pretty amazing. Lowest since January, 1973.

Waiting for the Trump tweet.

And President Trump won't get any credit.

And again, the word I seem to hear every time these great reports come out: "unexpectedly."

From Bloomberg:

U.S. filings for unemployment benefits unexpectedly fell last week to the lowest level since January 1973, further evidence that the labor market remains tight, Labor Department figures showed Thursday.

• jobless claims decreased by 12k to 215k (est. 230k)
• continuing claims rose by 35k to 1.87m in week ended March 17 (data reported with one-week lag)
• four-week average of initial claims, a less-volatile measure than the weekly figure, fell to 224,500 from the prior week's 225,000

 With regard to the graphic and January, 1973, above: it looks like the '60's came to an end in 1973.

https://ift.tt/2dZyQXu

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