World Business Watch: US weekly jobless claims drop to new pandemic low, economy recovery gains speed

May 28, 2021, 11:35 AM(IST) WION Video Team

Workers' filings for unemployed benefits again plummeted to a fresh pandemic low. The Labor Department said on Thursday that initial unemployment claims for regular state programs, a proxy for layoffs, fell to 406,000 from 444,000 last week.

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