Jobless claims hover at 793,000 as Democrats begin writing massive relief legislation

Published February 11, 2021 1:30pm ET



The number of new applications for unemployment benefits dropped 19,000 last week to 793,000, the Labor Department reported Thursday, as House committees begin drafting President Biden’s $1.9 trillion coronavirus relief bill.

The number of new jobless claims was above forecasters’ expectations of 757,000.

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