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Unemployment claims fall to 553,000
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WASHINGTON (AP) - The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.The Labor Department reported Thursday that jobless claims were down from 566,000 a week earlier.
They have fallen sharply over the past year but remain well above the 230,000 weekly figure typical before the pandemic struck the economy in March 2020.The four-week moving average, which smooths out weekly gyrations, fell 44,000 to 611,750.RELATED: US economy grew at a robust 6.4% rate last quarterNearly 3.7 million people were receiving traditional state unemployment benefits the week of April 17..
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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