Weekly Jobless Claims Fall Again
First-time claims for unemployment insurance continued to decline this last week. The number of claims hit a pandemic-era low. This trend of fewer first-time claims for unemployment insurance conveys that the labor market is gradually improving during the pandemic. Additionally, continuing claims also again saw a significant decline, falling to 6.79 million.
See "Weekly Jobless Claims Fall Again", Jeff Cox, CNBC News , November 12, 2020