Jobless Claims Drop To 406,000, Yet Another Pandemic Low

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The number of Americans filing new unemployment claims dropped to 406,000 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 May 15, when 444,000 new jobless claims were reported. Economists expected Thursday’s jobless claims number to come in at 425,000, The Wall Street Journal reported.


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