Economic Report: Jobless claims fall to 211,000 in late March to match 2019 low

Fixes the story for the decline in the four-week average.

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There are plenty of long lines for job applicants, but hardly any for those losing their jobs with layoffs near a half-century low.

The numbers: The number of people who applied for unemployment benefits in late March fell for the second week in a row to match the lowest level of 2019, a sign the sturdy labor market remains a source of strength for a U.S. economy struggling to gain traction.

Jobless claims, a rough measure of layoffs, declined to 211,000 from a revised 216,000 in the prior week, the government said Thursday.

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