Jobless Claims Drop To 269,000, A Post COVID-19 Low

[mystery-ak]

Jobless Claims Drop To 269,000, A Post COVID-19 Low


Harry Wilmerding
Contributor
November 04, 2021 9:00 AM ET


The number of Americans who filed for new unemployment claims decreased to 269,000 in the week ending Oct. 30 as the labor market continues to improve and the economy recovers from the COVID-19 pandemic.

The Bureau of Labor Statistics figure released Thursday shows a 14,000 claim decrease compared to the week ending Oct. 23, when jobless claims dropped to 283,000. Thursday’s release marks the lowest number of initial claims since March 14, 2020, when the number of new jobless claims was 256,000.

Economists surveyed believed jobless claims would decrease to 275,000 during the week ended Oct. 30, The Wall Street Journal reported. Claims have fallen for the last several weeks while the labor market continues to tighten.

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https://dailycaller.com/2021/11/04/jobless-claims-drop-269000-covid-19-low/

[Kamaji]

Pointless numbers that are used primarily to confuse and conflate, rather than to inform. 

[Wingnut]

Pointless numbers that are used primarily to confuse and conflate, rather than to inform.

Absolutely.