MAGA: Trump Makes History Again

  • 2018-08-31
  • Source: TTN
  • by: TTN Staff
MAGA: Trump Makes History Again
President Trump is getting Americans back to work. New numbers released show just how historic of a feat this is.

According to Breitbart:

The number of Americans filing new applications for state unemployment benefits rose by less than expected last week, suggesting that the labor market is still very vigorous.

New claims rose by just 3,000 to a seasonally adjusted 213,000 last week, the Labor Department said Thursday. After three consecutive weeks of declines, economists had forecast a rise to 214,000, according to Bloomberg.

Jo0bless claims are an indication of layoffs and have been closely watched this year for signs that trade disputes might weigh on the U.S. labor market. So far, there are no signs that tariffs have cost the U.S. economy any jobs.

The four-week moving average of claims, which smooths out weekly volatility and is considered by many economists to be a more reliable gauge of conditions, fell by 1,500 to 212,250. That is the lowest level since December 1969, according to the Labor Department.

President Trump continues to deliver on his promises. By removing regulations and making an environment that is conducive to business America is thriving.

 Source: TTN

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