Jobless claims edge lower but are still well above pre-pandemic levels


Weekly Unemployment Claims Rise Higher Than Expected

Weekly Unemployment Claims Rise Higher Than Expected

Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM

Officials with the Labor Department said Thursday that 751,000 U.S. workers filed for benefits, and that continued a slight trend down last week, though the total remains well above what was considered normal prior to the coronavirus pandemic and was a touch higher than Wall Street estimates.

Compared to 758,000 from the week before, the number was down 7,000.

Dow Jones Economists were expecting 741,000 and this was the third straight week that claims were below 800,000, and the four-week moving average fell to 787,000.

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