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US weekly jobless claims sink to new COVID-era low of 406,000

28 days ago   |   By Business Insider

Summary List Placement Filings for unemployment insurance declined last week as businesses slowed layoffs amid reopening.
New jobless claims totaled an unadjusted 406,000 last week, the Labor Department said Thursday. That comes in below the median estimate of 425,000 from economists surveyed by Bloomberg.
The reading marks a fourth straight decline and places claims at their lowest point since the pandemic slammed the US economy in March 2020.
The previous week's count was unrevised at 444,000.
Continuing claims, which track Americans receiving unemployment benefits, fell to 3.64 million...
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US jobless claims fall to 406,000, a new pandemic low

US jobless claims fall to 406,000, a new pandemic low

28 days ago   |   By WGN TV

WASHINGTON - The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening as the virus wanes and economy further reopens.
Thursday's report from the Labor Department showed that applications declined 38,000 from 444,000 a week earlier. The number of weekly applications for jobless aid - a rough measure of the pace of layoffs - has fallen by more than half since January.
The decline in applications reflects a swift rebound in economic growth. More Americans are venturing out to shop, travel...
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US workers file 406,000 new jobless claims as economy heats up

US workers file 406,000 new jobless claims as economy heats up

28 days ago   |   By New York Post

The number of Americans seeking new unemployment benefits continued to drop last week to a new low during the pandemic, the feds said Thursday.
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