US weekly jobless claims fall below 1 million for the first time since March
Fewer than 1 million Americans filed new claims for unemployment insurance last week for the first time since mid-March.
New US weekly jobless claims totaled 963,000 in the week that ended Saturday, the Labor Department reported Thursday. That came in below the consensus economist estimate of 1.1 million compiled by Bloomberg.
The weekly number is the lowest level of jobless claims seen since the coronavirus pandemic froze the US economy. It also marked a second straight weekly decline followi…