US jobless claims hit lowest level in more than 43 years


Boston Herald | By Associated Press
January 19, 2017

WASHINGTON — The number of Americans seeking unemployment benefits dropped last week to the lowest level in more than 43 years, another sign that most American workers enjoy job security.

THE NUMBERS: The Labor Department said Thursday that 234,000 Americans sought jobless aid, a drop of 15,000 from the previous week and lowest since November 1973. The four-week average, which is less volatile, fell by 10,250 to 246,750, also the lowest since November 1973. The total number of people receiving unemployment benefits was 2.05 million, down 7.7 percent from a year earlier.

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