U.S. unemployment claims sink 193,000 to pandemic low of 576,000

U.S. unemployment claims sink 193,000 to pandemic low of 576,000
Jeffry Bartash
·3 min read

U.S. unemployment claims sank by 193,000 in early April to a fresh pandemic low --- an unusually large decline that likely reflects both an improving economy but also ongoing problems in processing applications for jobless benefits.