The Ministry of Labor did not identify any special factors that caused a significant reduction in the number of applications.

The number of Americans who applied for initial applications for unemployment benefits in the last week fell to the lowest level since November 15, 1969, and amounted to 199,000. Such data was published on Thursday by the U.S. Department of Labor.

At the same time, analysts expected that the number of applications would be 260 thousand. The Ministry of Labor did not identify any special factors that caused a significant reduction in the number of applications, which, according to experts, could be an important signal about the recovery of the American labor market after the economic crisis caused by the COVID-19 pandemic.