U.S. Jobless Claims Near Pandemic Low As Economy Strengthens

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U.S. Jobless Claims Near Pandemic Low As Economy Strengthens
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Thursday's report showed that unemployment claims fell to 375,000 from 387,000 the previous week.

WASHINGTON — The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge in consumer demand.

Those complications help explain why the pace of applications remains comparatively high. Before the pandemic paralyzed the economy in March 2020, unemployment applications were running at about 220,000 a week. For now, nearly 8.7 million people continue to receive aid through those programs and will lose their benefits when those programs expire nationwide on Sept. 6.

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