Economic Report: U.S. unemployment claims fall to 375,000 and return near pandemic low as economy fends off delta

This post was originally published on this site

The numbers: New applications for U.S. unemployment benefits fell in early August close to a pandemic low, signaling that fewer people are losing their jobs despite another surge in coronavirus cases.

Initial jobless claims dropped by 12,000 to 375,000 in the week ended Aug. 7, the government said Thursday. That matched the forecast of economists polled by The Wall Street Journal.