Business

Weekly jobless claims fall to 199,000, lowest level since 1969

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Of particular note is that unemployment claims, a representative of layoffs, fell by more than 71,000 in the week ended November 20, compared with the week before. It represents the eighth straight week of declines and an important change, as claims are now well below pre-pandemic levels. In 2019, the average weekly jobless claims hovered around 220,000.

https://www.washingtonpost.com/business/2021/11/24/jobless-claims-pandemic/?utm_source=rss&utm_medium=referral&utm_campaign=wp_business Weekly jobless claims fall to 199,000, lowest level since 1969

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