Economic Buzz: US Jobless Claims Dip To New Pandemic-Era Low

Economic Buzz: US Jobless Claims Dip To New Pandemic-Era Low

Oct 22, 2021 08:10 IST capital market

US initial jobless claims slipped to 290,000 in the week ended October 16th, a decrease of 6,000 from the previous weeks revised level of 296,000, a report released by the Labor Department on Thursday showed. With the unexpected dip, jobless claims once again fell to their lowest level since hitting 256,000 in the week ended March 14, 2020.

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