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US jobless claims drop to pandemic low of 281,000

1 month ago   |   By WGN TV

WASHINGTON - The number of Americans applying for unemployment benefits fell to a pandemic low last week as the job market continues to recover from last year's coronavirus recession.
Jobless claims dropped by 10,000 to 281,000, lowest since mid-March 2020, the Labor Department said Thursday. Since topping 900,000 in early January, weekly applications have steadily dropped, moving ever closer to pre-pandemic levels just above 200,000.
The four-week average of claims, which smooths out week-to-week gyrations, fell by nearly 21,000 to 299,250, also a pandemic low.
In all, 2.2 million people...
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US weekly jobless claims slide to new pandemic low of 281,000

US weekly jobless claims slide to new pandemic low of 281,000

1 month ago   |   By Business Insider

Reuters
Weekly jobless claims dropped to 281,000 last week, marking a new pandemic-era low.
Economists surveyed by Bloomberg expected filings to stay flat at 290,000.
Continuing claims slid to 2.24 million for the week that ended October 16, also beating estimates.
The number of Americans filing for unemployment insurance fell again last week, extending a steady decline through the fall. Jobless claims totaled 281,000 last week, the Labor Department announced Thursday morning. Economists surveyed by Bloomberg expected claims to be unchanged at 290,000. The print marked a fourth straight...
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