The number of Americans filing new unemployment claims dropped to 547,000 last week as the economy continues to recover from the coronavirus pandemic, according to the Department of Labor.
The Bureau of Labor and Statistics figure released Thursday represented a decrease in the number of new jobless claims compared to the week ending April 10, when 586,000 new jobless claims were reported. That number was revised up from the 576,000 jobless claims initially reported last week.
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