Hiring demand drives jobless claims down to 14-month low
May 28, 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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