U.S. weekly jobless claims hit more than 48-and-a-half-year low
- AIM Team
- Jul 20, 2018
- 1 min read
The number of Americans filing for unemployment benefits is at a 48-1/2-year low. Trade tensions are causing trouble for the economic outlook.
According to the Labor Department, claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 207,000 for the week ending July 14. This is the lowest reading since early December 1969.
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