Jobless Claims in the U.S. Hit a 49-Year Low

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This article was originally published on ETFTrends.com.

Data released by the Labor Department on Thursday revealed that jobless claims in the U.S. hit a 49-year low, suggesting that the labor market is still strong despite fears of a global economic slowdown. In addition, the data showed U.S.-based companies had less layoffs during the month of March, but job cuts during the first [...]

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