576k people filed for unemployment in the US last week, declining by 193k from the prior week. The tally marks the lowest point since the beginning of the coronavirus outbreak last March (but remains above pre-coronavirus levels).
More context: Every week, the Department of Labor releases a report that includes “initial claims” for unemployment benefits, which is widely used as a barometer for layoffs. Access the full report here.
The New Paper
This story is from the April 15, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.
