MGIC Investment Corp. (MTG)

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STRONG US EMPLOYMENT EQUALS(=) DECLINING DELINQUENCIES FOR PMI COS(MGIC)

PATRICK SINKS, CEO MGIC INVESTMENT:
"OUR inventory of delinquency notices declined sequentially and year-over-year and is now at a level not seen since the mid -1990s-."
Quote from Q4 2018 EARNINGS CONFERENCE

Enemployment claims dip below 200,000 for first time since 1969

MARKETWATCH
Economy & Politics
Economic Report

"Jobless claims fall below 200,000 for first time since 1969, but tens of thousands unpaid federal workers seek financial aid

By Jeffry Bartash
Published: Jan 24, 2019 8:35 a.m. ET

Some 40,000 federal workers have applied for temporary benefits

Bloomberg News/Landov
The recent surge in hiring has helped push layoffs in the U.S. to the lowest level in nearly 50 years.
The numbers: The number of Americans applying for unemployment benefits through state programs fell below 200,000 for the first time since 1969 — even as new claims soared for furloughed government workers who file through a separate federal program.

Initial jobless claims, a rough way to measure layoffs nationwide, fell by 13,000 to 199,000 in the seven days ended Jan. 19.


That’s the lowest reading since Nov. 15, 1969 and underscores the strength of a U.S. labor market that’s helped the U.S. economy grow for almost 10 years. Economists polled by MarketWatch had forecast a 218,00 reading."