Jobless Claims Hit New Pandemic Low

The number of weekly jobless claims has declined steadily since the year began.

The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease. Thursday’s report from the Labor Department showed that applications declined 34,000 from a revised 478,000 a week earlier. The number of weekly jobless claims, a rough measure of the pace of layoffs, has declined steadily since the year began. The data release coincides with rapid moves by nearly all the nation's Republican governors to cut off a $300-a-week federal unemployment benefit that they and many business executives blame for discouraging the unemployed from seeking jobs. Those cutoffs of federal jobless aid will begin in June.