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US weekly jobless claims sink to new COVID-era low of 406,000

US weekly jobless claims sink to new COVID-era low of 406,000 bwinck@businessinsider.com (Ben Winck,Andy Kiersz) © Nam Y. Huh/AP Photo Nam Y. Huh/AP Photo US jobless claims dropped to 406,000 last week, marking a new pandemic-era low. Economists expected claims to come in at 425,000. The weekly decline was the fourth in a row. Continuing claims sank to 3.64 million for the week that ended May 15, lower than estimates. Popular Searches New jobless claims totaled an unadjusted 406,000 last week, the Labor Department said Thursday. That comes in below the median estimate of 425,000 from economists surveyed by Bloomberg. The reading marks a fourth straight decline and places claims at their lowest point since the pandemic slammed the US economy in March 2020.

Jobless Claims Fall for Fourth Straight Week | Hunt Scanlon Media

Jobless Claims Fall for Fourth Straight Week | Hunt Scanlon Media
huntscanlon.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huntscanlon.com Daily Mail and Mail on Sunday newspapers.

Initial state jobless claims hit pandemic low in Maine

Initial state jobless claims hit pandemic low in Maine Just over 1,000 initial claims for state unemployment aid were filed last week, the lowest number since businesses closed and Maine went into lockdown last year. Share New state unemployment claims hit their lowest point in Maine since the start of the coronavirus pandemic, an indication of an improving economy and employers’ recent hiring spree. Maine logged just over 1,000 claims for the state’s unemployment insurance program during the week ending Saturday, the lowest number since mid-March last year, just before the coronavirus triggered a tidal wave of joblessness. State jobless claims during the pandemic

Unemployment claims continue to steadily decline

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