Headline RoundupMarch 25th, 2021

US Jobless Claims Fall to Pandemic Low

Summary from the AllSides News Team

U.S. jobless claims reached their lowest level of the COVID-19 pandemic last week, falling to 684,000 from 781,000 a week earlier, the Labor Department said Thursday. Claims are now at the lowest point since mid-March of last year and below the pre-pandemic high of 695,000. Some see this as a sign that the U.S. economy is slowing recovering. Federal Reserve Chair Jerome Powell says some sectors hit hardest by the virus remain weak.

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