Key Points
- The number of Americans filing applications for unemployment benefits dropped to a more than 49-year low last week.
- The data pointed to sustained labor market strength despite slowing economic growth.
- Initial claims for state unemployment benefits dropped to 202,000 for the week ended March 30, the lowest level since early December 1969, the Labor Department said.
Could this have something to do with how the current administration operates? Somehow I think so. And hope against hope that it’s getting wide coverage in the nation’s newspapers, etc. tomorrow. I can hope, can’t I?
Blithe Spirit 