The New Paper

May 28, 2021

Jobless claims decline to 406k

406k people filed for unemployment in the US last week, declining by 38k from the prior week. The tally marks the fourth consecutive week of pandemic-era lows, 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.
This story is from the May 28, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.