Jobless claims fall by more than expected, hit fresh pandemic low at 444,000

Workers filing for new unemployment benefits fell to a new pandemic-era low in the latest week, hitting their lowest levels in more than a year as the labor market continued to heal from the worst days of the COVID-19 outbreak. 

The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg:

  • Initial jobless claims, week ended May 15: 444,000 vs. 450,000…


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