Number of applications for unemployment benefits decreased to a minimum since 1969

Last week, the number of US citizens, who had applied for unemployment benefits for the first time, fell by 24 thousand to a minimum in 1969 of 209,000, the Ministry of Labor said. The indicator several times exceeded the forecasts of analysts, who had expected a reduction in applications to 230 thousand. The ministry explained such a sharp drop by the return to work of employees of educational institutions in the state of New York, where the number of applications fell by 18,400 after an increase of 15,400 weeks earlier. Over the past 4 weeks, the average number of applications has dropped to 229 thousand 250 from 231.5 thousand. The number of Americans, who continue to receive unemployment benefits, for the week ended April 14, fell by 29 thousand to 1 million 837 thousand.

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