New Unemployment Claims Trending Down

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New Unemployment Claims Trending Down
547,000 claims were filed last week. That's a decrease of 39,000 from the previous week.
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Weekly jobless claims are trending down. 

This morning, the Department of Labor reported 547,000 claims were filed last week. That's a decrease of 39,000 from the previous week.

The 4-week moving average for weekly claims is now 651,000. That's the lowest average since March 14 of last year, when cities and states implemented the first COVID protocols.