Retail News

Hiring demand drives jobless claims down to 14-month low

Reuters 05/27/2021

Again this week, the number of U.S. workers filing fresh claims for unemployment benefits sank to the lowest number since before the pandemic took hold in mid-March of last year. The Labor Department released figures yesterday showing a drop of 38,000 initial claims for state unemployment benefits to a seasonally adjusted 406,000 for the week ended May 22.

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