Weekly jobless claims fall to new post-lockdowns low
By Sylvan Lane - 04/29/21 08:48 AM EDT New applications for unemployment insurance fell by 39,000 to 547,000 last week as the U.S. economy continues to recover from the coronavirus recession, the Labor Department reported Thursday.
In the week ending April 17, jobless claims fell to their lowest level since the beginning of coronavirus lockdowns for the second consecutive week. The previous week’s total was revised up by 10,000 claims to 586,000, which was the lowest total number of jobless claims since March 14, 2020.
Another 133,319 Americans applied for Pandemic Unemployment Assistance (PUA), a program created to extend jobless aid to gig workers, contractors and others who do not qualify for traditional unemployment insurance.
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https://thehill.com/policy/finance/550890-weekly-jobless-claims-fall-to-new-post-lockdowns-low
