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US jobless claims fall to 684,000, fewest since pandemic

Posted on AllSides March 25th, 2021
From The Left
Economy and Jobs, jobless claims, unemployment benefits

The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving.

Thursday’s report from the Labor Department showed that jobless claims fell from 781,000 the week before. It is the first time that weekly applications for jobless aid have fallen below 700,000 since mid-March of last year. Before the pandemic tore through the economy, applications had never topped that level.

Still, a total of 18.9 million people are continuing to collect...

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https://apnews.com/article/pandemics-jobless-claims-unemployment-coronavirus-pandemic-economy-75c27fd877d7a07ba2be1bba59cd82ca

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