Filings for jobless advantages fell to their most affordable level considering that the coronavirus hit the U.S. in March– a sign layoffs eased rather in a still struggling labor market– however stayed at historically high levels for the 20 th straight week.
Initial joblessness claims fell by a seasonally changed 249,000 to 1.2 million for the week ended Aug. 1, the Labor Department stated Thursday, well above the pre-pandemic record of 695,000 in 1982.
source https://jobsearchtips.net/u-s-jobless-claims-fell-to-1-2-million-in-aug-1-week/
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