US Jobless Claims Plunge To 199,000, Lowest In 52 Years.
In the latest week of unemployment benefits, the number of people claiming benefits plunged to the down level more than five decades. A sign that the U.S. job market is recovering rapidly from last year’s recession caused by Coronavirus. There were 199,000 jobless claims in November, the lowest level since mid-November 1969. The bigger-than-expected drop