US unemployment claims fall to lowest level since pandemic (from @AP) apnews.com/article/94814d87baa33b872ab0602f63a41b46
Lowest unemployment claims filed since pandemic started - March 2020. 293,000 new claims for unemployment were filed in one week according to the Labor Department. first time the number has fallen below 300,000 in the pandemic.
At 293k, Initial Jobless Claims came in below the 320k estimate & below last week’s 329k level. Claims are now averaging 330k for the past 4 weeks. It's about time; I've been expecting a decline since Labor Day, when enhanced unemployment benefits ended. www.Schwab.com/RandyFrederick pic.twitter.com/jrGZD60BV4
Jobless claims fall below 300,000 for the first time since the pandemic began.