Headline RoundupOctober 21st, 2021

US Weekly Jobless Claims Fall to 290,000

Summary from the AllSides News Team

The U.S. Labor Department reported Thursday that the number of new applications for unemployment benefits dropped to 290,000 last week.  This marks the lowest number of weekly jobless claims since the coronavirus pandemic began in March 2020.

While pre-pandemic trends have yet to be reached, the data does show that the labor market is recovering as more Americans are finding work and fewer are being laid off.

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