The “4-week moving average was 279,000 [claims],” the Labor Department announced. “This is the lowest level for this average since April 29, 2000 when it was 273,000.”
Overall, the nation’s jobless rate remained at 5.8%, which is the lowest it’s been since July 2008, when the Great Recession was just beginning to swallow the economy.
Although the unemployment rate has gone down considerably from a high point of nearly 10%, many Americans are still waiting for job opportunities.
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