Jobless Claims Fall to Lowest Level Since Onset of Pandemic With more states and cities lifting restrictive business measures amid a decline in the number of coronavirus cases, the jobs economy continues to show signs of improvement. Let’s take a look inside the latest jobless claim figures released by the Department of Labor this morning. Will Hunsinger of Riviera Partners then weighs in! April 15, 2021 – The Labor Department reported this morning that 576,000 Americans filed new claims for state unemployment benefits. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week’s level was revised up by 25,000 from 744,000 to 769,000. Economists surveyed by Bloomberg expected 700,000 filings. Since last February, the United States has lost over 10 million jobs. While the number of weekly claims remains inordinately high by historical means, the trend is falling now that the U.S. economy continues to reopen and close to three million Americans receive vacations each day for COVID-19.