Last week's jobless claims decline to 900,000
The number was less than the Dow Jones estimate of 925,000.
Initial U.S. jobless claims last week declined to 900,000, about 26,000 less than the previous week, the Labor Department reported Thursday.
The number was also less than the Dow Jones estimate of 925,000.
Economists largely agree that the rise in claims is the result of the increase in coronavirus cases that began in the fall and continued through the Christmas holiday season, which resulted in officials limiting travel and indoor dining to help stop Americans from spreading the virus.
News, Not Noise
- Mystery deepens over Biden Interior nominee's finances as she files third amended ethics report
- Cuomo accused of harassment, 'hostility' and 'dirty tricks' against woman while HUD chief
- Fauci's flip-flops: How 'America’s Doctor' has repeatedly reversed himself during Covid crisis
- 'Trump will be your president long before 2024,': MyPillow's Lindell amid Dominion defamation suit
- Senator Romney knocked unconscious from weekend fall, requiring stitches to lip, eyebrow