President Trump’s economy is continuing to show strong indicators. New numbers show that the weekly jobless numbers hit a 5 month low.
According to The Hill:
The number of Americans submitting applications for unemployment benefits fell to a five-month low last week, the Labor Department announced Thursday.
Initial filings for benefits fell to a seasonally adjusted 204,000 for the week ending on Sept. 7, down 15,000.
That marks the lowest level since April, the department said, and the largest single week drop in claims since May.
The four-week moving average of initial claims, which irons out week-to-week volatility, like Labor Day being last week, fell 4,250 to 212,500 last week.
The Democrats push recession but this shows that the labor market is strong.