Jobless claims remain high but dip to lowest level since November

Unemployment applications
(Image credit: Joe Raedle/Getty Images)

The number of Americans filing new jobless claims declined last week but still remained high and above the pre-pandemic record.

The Labor Department on Thursday said 779,000 Americans filed new jobless claims last week, a decline of 33,000 from the revised level of the previous week. This number was below the 830,000 claims economists had been expecting, CNBC reports. It was also the lowest level since the end of November, according to Bloomberg.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us
Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.