Jobless claims fall again to reach new 49-year low of 201,000
Published: Sept 20, 2018 8:37 a.m. ET
By
Jeffry
Bartash
Reporter
The numbers: The number of Americans who applied for unemployment benefits in mid-September fell to a fresh 49-year low, more proof that a growing labor shortage and surging economy have given workers greater job security.
Initial jobless claims, a rough proxy for layoffs, fell by 3,000 to 201,000 in the seven days ended Sept. 15. That’s below the 208,000 MarketWatch forecast and marks the lowest level since Nov. 12, 1969.
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https://www.marketwatch.com/story/jobless-claims-fall-again-to-fresh-49-year-low-of-201000-2018-09-20Labor shortage, surging economy give workers more job security