President Trump had even more reason to celebrate on his Birthday yesterday.
The great news came as a result of Trump’s America First economy, which is shattering records far and wide!
Unemployment fell to historic lows!
Economists had actually expected to see gains, but the benefits filed fell by a whopping 4000, strengthening the job market, and reaching lows not seen in this country since 1973!
Jobless claims unexpectedly fell last week, according to data from the Labor Department Thursday.
New filings for unemployment benefits fell by 4,000 to 218,000. Economists had expected a rise to 225,000.
The four-week moving average of claims, considered a better indicator of job market strength because it evens out week-to-week volatility, also fell.
Continuing claims for state unemployment benefits dropped to 1.7 million, the lowest since December 1973.