US initial jobless claims dropped to 187k, lowest since 1969

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US initial jobless claims dropped to 187k, lowest since 1969

US initial jobless claims dropped -28k to 187k in the week ending March 19, much better than expectation of 210k. That’s also the lowest level since September 6, 1969, when it was 183k. Four-week moving average of initial claims dropped -12k to 212k. Continuing claims dropped -67k to 1350k in the week ending March 12. […]

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Source: US initial jobless claims dropped to 187k, lowest since 1969