Another 269,000 individuals filed new claims last week, reaching fresh pandemic-era low

Another 269,000 individuals filed new claims last week, reaching fresh pandemic-era low

New weekly jobless claims came in at yet another pandemic-era low, with more progress being made in the labor market as new virus infections fall and companies compete for workers. 

The Labor Department released its jobless claims report Thursday morning. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg:

  • Initial unemployment claims, week ended October 30: 269,000 vs. 275,000 expected and a revised 283,000 during prior week

  • Continuing claims, week…


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