U.S. Jobless Claims Fell to 473,000 Last Week -- Update
By Sarah Chaney Cambon
Jobless claims declined to a new pandemic low last week, in a
sign hiring is primed to strengthen as workers return to the labor
Unemployment claims fell to 473,000 last week from a revised
507,000 a week earlier, the Labor Department said Thursday. Claims
are now at the lowest level since mid-March 2020, when the pandemic
shut down the economy. They remain more than twice as high as
levels seen before the pandemic struck last spring.
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(END) Dow Jones Newswires
May 13, 2021 08:56 ET (12:56 GMT)
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