More Americans apply for jobless benefits last week


The number of Americans collecting unemployment benefits has reached a 53 year low The Labor Department reports 1 million 317,000 people receive jobless benefits during the week ending May 7th That's the fewest since December 27th 1969 Applications for unemployment rose by 21,000 last week to 218,000 Weekly unemployment applications have been consistently below the pre-pandemic level of 225,000 for most of this year even as the overall economy contracted in the first quarter and

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