Fewer Americans collecting unemployment than any time since 1970

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Fewer Americans are collecting unemployment benefits than at any time in the last half-century, according to federal government data. The number of jobless claims dropped by 17,000 to 232,000 for t…

Fewer Americans are collecting unemployment benefits than at any time in the last half-century, according to federal government data.

The drop in jobless claims offers a rare bit of good news as employers appear confident in long-term growth and are eager to hire, though they of course were released Massive government spending and the vaccine rollout jumpstarted the economy as employers added a record 6.4 million jobs last year.

 

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