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

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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