Jobless claims decline to lowest level since the pandemic began


The number of Americans filing new jobless claims just unexpectedly hit the lowest level of the COVID-19 pandemic.
The Labor Department said Thursday that 684,000 Americans filed new jobless claims last week, a decline of 97,000 from the revised level of the week prior. Not only was this below the 735,000 claims economists were expecting, it was also the lowest number of new claims since March 14, 2020, CNBC reports.
The decline in jobless claims comes as numerous states have taken steps to ease COVID-19 restrictions in recent weeks while coronavirus vaccines roll out, although the director of the Centers of Disease Control and Prevention has expressed concern about the possibility of another surge in cases. Earlier this month, the latest U.S. jobs report for February beat expectations, with the U.S. economy adding 379,000 jobs, more than the 210,000 experts predicted.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

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.
The latest jobless numbers mark the first time since the start of the COVID-19 pandemic that the number of weekly claims has been lower than the pre-pandemic record of 695,000.
"Things have improved over the last year, but there are still millions of people dealing with real economic pain," Indeed Hiring Lab economist AnnElizabeth Konkel said, per NBC News. "Increased vaccinations are hopefully the beginning of the end. Once the public health situation is improved, a full recovery can finally take place."
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
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.
-
Today's political cartoons - April 20, 2025
Cartoons Sunday's cartoons - Pam Bondi, retirement planning, and more
By The Week US
-
5 heavy-handed cartoons about ICE and deportation
Cartoons Artists take on international students, the Supreme Court, and more
By The Week US
-
Exploring the three great gardens of Japan
The Week Recommends Beautiful gardens are 'the stuff of Japanese landscape legends'
By The Week UK
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
By Peter Weber, The Week US
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
By Justin Klawans, The Week US
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
By Peter Weber, The Week US
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
By Peter Weber, The Week US
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
By Peter Weber, The Week US
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine
By Peter Weber, The Week US
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US