Jobless Claims Plummet to , Half-Century Low in the United States.<br />The findings were released by the <br />Department of Labor on March 24.<br />Only 187,000 Americans filed for unemployment benefits the week prior, which was less than economists' expectations of 210,000.<br />Only 187,000 Americans filed for unemployment benefits the week prior, which was less than economists' expectations of 210,000.<br />According to CNN, the last time jobless <br />claims dipped this low was September 1969.<br />Continued jobless claims also <br />dropped by 67,000 to 1.35 million<br />for the week ending March 12.<br />Continued jobless claims also <br />dropped by 67,000 to 1.35 million<br />for the week ending March 12.<br />which is the lowest recorded <br />level since January 3, 1970.<br />As the labor market continues to <br />rebound, many believe the U.S. <br />Federal Reserve will ramp up interest <br />rates to combat rising inflation.<br />There isn't much more to say about the labor market. , Thomas Simons and Aneta Markowska, Jefferies economists, via statement.<br />There isn't much more to say about the labor market. , Thomas Simons and Aneta Markowska, Jefferies economists, via statement.<br />It is extremely strong and this <br />data is exactly the sort of evidence that has given the Fed confidence that they can raise rates more quickly to battle inflation. , Thomas Simons and Aneta Markowska, Jefferies economists, via statement.<br />It is extremely strong and this <br />data is exactly the sort of evidence that has given the Fed confidence that they can raise rates more quickly to battle inflation. , Thomas Simons and Aneta Markowska, Jefferies economists, via statement.<br />Experts say they believe the current <br />labor market could provide opportunities <br />for many workers to land better jobs.<br />It's an excellent time to be looking for work, since the labor market is tight, , Ted Rossman, senior analyst Bankrate.com, via CNN.<br />... wages are rising and workers have negotiating power in many industries. , Ted Rossman, senior analyst Bankrate.com, via CNN
