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Breaking News: Jobless claims plunge to 199K, lowest level since 1969

Breaking News: Jobless claims plunge to 199K, lowest level since 1969 1

 

 
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Jobless claims plunge to 199K, lowest level since 1969
New weekly claims for jobless aid plunged to the lowest level in more than 50 years last week, according to data released Wednesday by the Labor Department.

In the week ending Nov. 20, there were 199,000 initial applications for unemployment insurance, according to the seasonally adjusted figures, a decline of 71,000 from the previous week.

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