Jobless claims recently hit a new 49 year low. The new post-1969 record now stands at 203,000. Jobless claims are filed to receive state unemployment benefits. Such low numbers reflect a thriving economy and employment opportunities for American citizens. The unemployment rate has hovered around 3.9% for months.
The last time jobless claims were this low was December 6, 1969 when it was 202,000.