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Jobless Claims In US Drop To 45 Year Low

Published by American Lookout

By Mike LaChance

Economic growth under President Trump has been the exact opposite of Obama. Under Obama, we were constantly assured that a big turnaround was just over the next hill. Under Trump, the economy is booming and the job market is fantastic.

Reuters reports, via FOX Business:

US jobless claims drop to near 45-year low

The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February, which should continue to underpin the economy.

Initial claims for state unemployment benefits dropped 7,000 to a seasonally adjusted 222,000 for the week ended Feb. 17, the Labor Department said on Thursday. Claims fell to 216,000 in mid-January, which was the lowest level since January 1973.

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