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EconomyEmploymentU.S. Unemployment Claims Lowest Since 1969

U.S. Unemployment Claims Lowest Since 1969

The U.S. Labor department reported 198,000 unemployment applications. This is the lowest level since 1969.

  • 1.7 million Americans were collecting traditional unemployment aid the week that ended Dec. 18
  • The unemployment rate peaked in 2020 to 14.8%
  • The unemployment rate has fallen to 4.2%, close to what economists consider full employment.
  • According to the Bureau of Labor Statistics, U.S. Department of Labor 8 states set or reached all-time low unemployment rates (first recorded in 1976).
  • Nebraska has a current unemployment rate of 1.8%, the lowest in the nation.
Layne Heinyhttp://www.layneheiny.com
LPH is a high school physics teacher interested in the Apple iPad and iPhone, Microsoft Surface, Tablet PCs, and other mobile devices. He resides with one large dog who begs for pizza, hamburgers, French fries, and anything else on the dinner table.

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