U.S. Sees Fewest Weekly Jobless Claims Since Start Of Pandemic

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U.S. Sees Fewest Weekly Jobless Claims Since Start Of Pandemic
New jobless claims fell to 684,000 last week as the labor market shows signs of improvement.
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As the vaccine rollout continues, new jobless claims in the U.S. fell last week to 684,000 – the fewest since the pandemic began. 

That's nearly a drop of 100,000 from the previous week and the first time that weekly applications for jobless aid have fallen below 700,000 since last March. 

It's a sign of an improving labor market though nearly 19 million people are still collecting jobless benefits.