US weekly jobless claims slide to 290,000 — setting a fresh pandemic-era low
Filings for unemployment insurance slid again last week, placing them at another pandemic-era low.
Jobless claims reached 290,000 last week, the Labor Department said Thursday. The median estimate from economists surveyed by Bloomberg was for a slight increase to 300,000 claims. The print marked a third consecutive decline.
The previous week's total was revised to 296,000 from 293,000.
Continuing claims — which count Americans filing for ongoing unemployment insurance benefits — dipped to 2.48 million for the week that ended October 9. That beat the median estimate of 2.55 million claims....