Jobless Claims Drop to levels not seen in over 49 Years
Despite the month-long partial government shutdown, with those furloughed able to apply for unemployment, the fewest numbers of Americans filed applications for unemployment benefits in more than 49 years, reflecting the continued strength of the labor market. Jobless claims fell 13,000 to a seasonally adjusted 199,000 for the week ended Jan. 19, the lowest level
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