Unemployment Claims Drop To 269,000, Another Pandemic Low

FILE - In this Sept. 22, 2021, file photo, prospective employers and job seekers interact during a job fair in the West Hollywood section of Los Angeles. California has been averaging more than 100,000 new jobs each month since February. New data released Friday, Oct. 22, 2021, by the U.S. Bureau of Labor Statistics shows California is now tied with Nevada for the highest unemployment rate in the country at 7.5%. (AP Photo/Marcio Jose Sanchez)

(AP) — The number of Americans applying for unemployment benefits fell to a fresh pandemic low last week, another sign the job market is healing after last year’s coronavirus recession. Jobless claims dropped by 14,000 to 269,000 last week. Since topping 900,000 in early January, the weekly applications have fallen more or less steadily ever since and are gradually moving toward prepandemic levels of around 220,000 a week. Overall, 2.1 million Americans were collecting unemployment checks the week of Oct. 23 — down from 7.1 million a year earlier when the economy was still reeling from the coronavirus outbreak.

Analyst Who Aided Trump-Russia Dossier Is Arrested

Previous article

US Mandates Vaccines Or Tests For Big Companies By Jan. 4

Next article

You may also like