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U.S. Jobless Claim Fall Below 400,000

Meanwhile, continuing jobless claims rose by 169,000 to nearly 3.8 million.
Posted at 10:58 AM, Jun 03, 2021

The Labor Department's weekly jobs report shows unemployment benefits fell below 400,000 for the first time since before the pandemic. 

First-time jobless claims totaled 385,000 last week, beating estimates by roughly 8,000. 

Meanwhile, continuing claims rose by 169,000 to nearly 3.8 million.