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Labor and Employment

Unemployment Claims Fall to 52-Year Low

Kimberly Redmond | Equities.com |

The number of Americans applying for unemployment benefits dropped last week to the lowest level since November 1969, a sign that the US job market is continuing to recover from the COVID-19 pandemic.

In the week ending Nov. 20, filings for initial unemployment benefits fell 71,000 to 199,000, according to data released Wednesday by the Labor Department.  https://www.dol.gov/ui/data.pdf

The four-week average of claims declined by 21,000 to just over 252,000 &...


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