Not since President Bush’s first day on the job have unemployment claims been so low. That’s the news the Labor Department released on New Year’s Eve, and is yet more good news for the Bush economy.
Unemployment claims dropped last week to the lowest level since George W. Bush was inaugurated president, according to the latest jobless benefits report released by the Labor Department on Wednesday.
New unemployment insurance requests fell to 339,000 for the week ending December 27. Jobless claims have not been this low since January 20, 2001, the day President Bush was sworn into office as president of the United States.