UNDER TRUMP: U.S Jobless claims hit 44-year-low

More than 70 employers, service organizations, colleges and universities recruited during a free job fair Sept. 28. The annual event was organized by Marietta Ward 5 City Councilman Anthony Coleman, the city of Marietta, Cobb/Cherokee Career Center, Cobb County Government, CobbWorks, Inc. and Georgia Department of Labor. This city of Marietta photograph is being made available for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, e-mails, products or promotions that in any way suggests approval or endorsement of the city of Marietta, its elected officials or staff. Publication of this photograph must include a credit: "Photo courtesy of the city of Marietta."

U.S Jobless claims hit their lowest since December 1969 last week.

Market Watch:

The rate of layoffs as measured by U.S. jobless claims fell to the lowest level since 1969, reflecting the strongest labor market since the end of the dotcom boom nearly two decades ago. Initial U.S. jobless claims fell by 10,000 to 210,000 in the seven days ended Feb. 24. Economists surveyed by MarketWatch had forecast claims to total 226,000. New claims haven’t been this low since December 1969. The more stable monthly average of claims declined by 5,000 to 220,500, the government said Thursday. That’s also the lowest level since 1969. The number of people already collecting unemployment benefits, known as continuing claims, increased by 57,000 to 1.93 million.

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