Unemployment Benefit Claims Hit New Pandemic Low
According to the Labor Department on Thursday, initial unemployment benefit claims decreased to their lowest last week, ever since the pandemic started. CNBC informed that “First-time filings for benefits totaled 360,000, in line with Dow Jones estimates and the best number since March 14, 2020.” Q2 2021 hedge fund letters, conferences and more Unemployment Benefit Claims Reach 360,000The 360,000 new applications for unemployment benefits represent a considerable reduction from the previous week’s upwardly revised 386,000. Similarly, continuing applications also dropped significantly by 126,00...