Jobless claims hit new pandemic-era low at 281,000 filings

Jobless claims hit new pandemic-era low at 281,000 filings

Weekly jobless claims fell in the latest week, setting a marginal new pandemic-era low as the labor market slowly recovers to levels before COVID-19 walloped the global economy.

The Labor Department released its jobless claims report on Thursday morning at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg:

  • Initial unemployment claims, week ended October 23: 281,000 vs. 288,000 expected and a revised 291,000 during the prior…


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