{"id":3110,"date":"2021-11-26T09:55:56","date_gmt":"2021-11-26T14:55:56","guid":{"rendered":"https:\/\/www.virlan.co\/trends\/?p=3110"},"modified":"2023-03-06T07:25:53","modified_gmt":"2023-03-06T12:25:53","slug":"us-jobless-claims-hit-52-year-low-since-1969-latest-weekly-jobless-claims","status":"publish","type":"post","link":"https:\/\/www.virlan.co\/trends\/job\/us-jobless-claims-hit-52-year-low-since-1969-latest-weekly-jobless-claims\/","title":{"rendered":"US jobless claims hit 52-year low Since 1969. Latest weekly jobless claims fall to 199,000"},"content":{"rendered":"

US jobless claims hit 52-year low after seasonal adjustments<\/h2>\n
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The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year\u2019s coronavirus recession<\/p>\n<\/blockquote>\n

Applications for U.S. state unemployment benefits plunged last week to a level not seen since 1969, which if sustained would mark the next milestone in the labor market\u2019s uneven recovery.<\/p>\n

Initial unemployment claims in regular state programs fell by 71,000 to a seasonally adjusted 199,000 in the week ended Nov. 20, Labor Department data showed Wednesday. The median estimate in a Bloomberg survey of economists called for 260,000 applications.<\/p>\n

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Unemployment Insurance Weekly Claims

Initial claims were 199,000 for the week ending 11\/20 (-71,000).

Insured unemployment was 2,049,000 for the week ending 11\/13 (-60,000).https:\/\/t.co\/ys7Eg5LKAW<\/a><\/p>— U.S. Department of Labor (@USDOL) November 24, 2021<\/a><\/blockquote>