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The number of Americans seeking unemployment benefits dropped last week to the lowest level in more than 43 years, another sign that most American workers enjoy job security.
THE NUMBERS: The Labor Department said Thursday that 234,000 Americans sought jobless aid, a drop of 15,000 from the previous week and lowest since November 1973. The four-week average, which is less volatile, fell by 10,250 to 246,750, also the lowest since November 1973. The total number of people receiving unemployment benefits was 2.05 million, down 7.7 percent from a year earlier.
THE TAKEAWAY: Unemployment claims are a proxy for layoffs. They have now come in below 300,000 for 98 straight weeks.
Remember this is the President that the Republicans accuse of screwing up the country.
And today he is leaving and we are welcoming a guy who is famous for not paying the people who work for him.
We are so fucked.