Braking Down The News

Jobless Claims Fall to Pandemic Low as Labor Market Remains Tight

Worker filings for initial unemployment benefits fall to 290,000 last week from a revised 296,000 a week earlier, the Labor Department said

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Jobless claims fell slightly and notched a new pandemic low last week, a sign layoffs remain low as companies struggle to hire workers.

Worker filings for initial unemployment benefits decreased to 290,000 last week from a revised 296,000 a week earlier, the Labor Department said Thursday.

 

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