By Geoffrey Smith
Investing.com –The variety of individuals claiming jobless advantages within the U.S. fell final week however remained at traditionally excessive ranges because the Covid-19 pandemic continued to take its toll.
The Labor Division stated preliminary jobless claims fell to from 925,000 the week earlier than – a determine that itself was revised downward from an preliminary estimate of 965,000.
Persevering with claims, that are reported with a one-month lag, additionally fell to , from a downwardly-revised 5.181 million. That defied expectations for a rise to round 5.4 million.
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