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Economy: More people are working, earning and spending. That keeps productivity humming and capital forming

New applications for unemployment benefits lowest since 1969


New applications for unemployment benefits lowest since 1969 It was 1969. There wasn’t even $100 billion in the whole world! (At least that’s what Tim Robbins told Dr. Evil.) The Miracle New York Mets were on their way to the World Series. Led Zeppelin released its first album. My baby sister was born. (Next year she turns . . . ah, you can work that out and I won’t get in trouble.) Oh, and the U.S. economy saw a week in which there were fewer than 201,000 new applications for unemployment benefits. Why is that significant? Because that would not happen again until . . . now:
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