Initial unemployment claims dip to lowest level since December 1969

In the week ending April 21, initial unemployment claims were 209,000, a decrease of 24,000 from the previous week's revised level. This is the lowest level for initial claims since December 6, 1969 when it was 202,000 but the population was 38 percent lower. The 4-week moving average was 229,250, a decrease of 2,250 from the previous week's revised average.

READ MORE