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Jobless claims fall to post-pandemic low of 293,000

By Zach Halaschak
Published October 14, 2021 12:32pm ET
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Jobless claims fall to post-pandemic low of 293,000
FILE- In this July 17, 2018, file photo, a sign outside a business in Salem, N.H. says "Now Hiring." On Tuesday, Oct. 16, the Labor Department reports on job openings and labor turnover for August. | (AP Photo/Elise Amendola, File)

The number of new applications for unemployment benefits fell 36,000 last week to 293,000, the Labor Department reported Thursday.

The unexpectedly large drop brought jobless claims to a new post-pandemic low, a good sign for the economic recovery.

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COVID-19 Department of Labor Jobs Shipping Unemployment