U.S. Jobless Claims Drop to Lowest Level Since 1969

U.S. Jobless Claims Drop to Lowest Level Since 1969

WASHINGTON—The variety of Americans making use of for unemployment advantages fell to the bottom degree since 1969, the newest signal the labor market is firming after years of regular job development.

Initial jobless claims, a measure of layoffs throughout the U.S., fell 24,000 to a seasonally adjusted 209,000 within the week by way of April 21, the Labor Department stated Thursday. That was the bottom degree since Dec. 6, 1969, early within the Nixon administration.

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