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By Eric Morath Jobless claims fell again to the lowest level since the pandemic took hold more than a year ago, another sign the labor market is rebounding this spring. Initial unemployment claims, a proxy for layoffs, fell by 13,000 last week to a seasonally adjusted 553,000, the Labor Department said on Thursday. The previous week s figure was revised up to 566,000. The latest reading marked the third straight week jobless claims were below 600,000, their lowest levels since early 2020. The four-week moving average, which smooths out volatility in the weekly figures, was 611,750, also a pandemic low. New claims this month are well below the millions of claims filed weekly a year ago, but still more than double the roughly 200,000 weekly applications submitted in the months before the pandemic began.
Shares of Automatic Data Processing (NASDAQ:ADP) moved higher by 10.42% in the past three months. Before we understand the importance of debt, let us .
ROSELAND (dpa-AFX) - Below are the earnings highlights for Automatic Data Processing Inc. (ADP):-Earnings: $810.7 million in Q3 vs. $820.9 million in the same period last year. -EPS: $1.90 in
Recap: Automatic Data Processing Q3 Earnings benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.