Jobless claims: New unemployment claims come in below 1 million for the first time since March
The number of individuals filing new unemployment insurance claims improved to a fresh pandemic-era low last week, falling below the 1 million mark for the first time since March.
The Labor Department released its report on weekly unemployment insurance claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg:
- Initial jobless claims, week ended Aug. 8: 963,000 vs. 1.1 million expected and 1.191 million during the…