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Here’s why unemployment claims hit their lowest level since 1969

Recruiters speak with potential applicants during a job fair in Leesburg, Virginia, on Oct. 21, 2021.ANDREW CABALLERO-REYNOLDS | AFP | Getty ImagesClaims for unemployment benefits dipped to their lowest point in more than 50 years the week before Thanksgiving — a remarkable rebound...

Weekly jobless claims post stunning decline to 199,000, lowest level since 1969

The ranks of those submitting jobless claims tumbled to their lowest level in more than 52 years last week, the Labor Department reported Wednesday.New filings totaled 199,000, a number not seen since Nov. 15, 1969, when claims totaled 197,000. The report easily beat...