U.S. jobless claims drop seventh straight week to 268,000

In another pandemic low, the number of Americans applying for unemployment is 1,000 less than the week before.

WASHINGTON — The number of Americans applying for unemployment benefits fell for the seventh straight week to a pandemic low of 268,000.

U.S. jobless claims dipped by 1,000 last week from the week before, the Labor Department reported Thursday.

The applications for unemployment aid are a proxy for layoffs, and their steady decline this year — after topping 900,000 one week in early January — reflects the labor market’s strong recovery from last year’s brief but intense coronavirus recession. The four-week average of claims, which smooths

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