US Jobless Claims Fall To 364,000, A New Pandemic Low

A hiring sign is displayed at Firestone Complete Auto Care store in Arlington Heights, Ill., Wednesday, June 30, 2021. Illinois Governor J.B. Pritzker said that the state may join the list of others that may consider offering incentives for people to return to work.(AP Photo/Nam Y. Huh)

(AP) — The number of Americans applying for unemployment aid fell again last week to the lowest level since the pandemic struck last year, further evidence that the job market and the broader economy are rebounding rapidly from the coronavirus recession. Jobless claims dropped by 51,000 to 364,000. Applications for unemployment benefits have fallen more or less steadily since the year began. The rollout of vaccines has sharply reduced new COVID-19 cases, giving consumers the confidence to shop, travel, eat out and attend public events as the economy recovers.

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