US jobless claims fall to 326,000, first drop in four weeks

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US jobless claims fall to 326,000, first drop in four weeks
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BREAKING: The number of Americans applying for unemployment benefits fell last week, another sign that the U.S. job market and economy continue their steady recovery. The Labor Department said unemployment claims were down by 38,000 to 326,000.

A hiring sign is placed at a booth for prospective employers during a job fair Wednesday, Sept. 22, 2021, in the West Hollywood section of Los Angeles. The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the delta variant of the coronavirus may be disrupting the job market’s recovery, at least temporarily.

WASHINGTON — The number of Americans applying for unemployment benefits fell last week, another sign that the U.S. job market and economy continue their steady recovery from last year’s coronavirus recession. The job market has been rebounding with surprising strength since the spring of 2020. Forced to shut down or restrict hours as a health precaution, employers slashed more than 22 million jobs in March and April last year. But massive aid from the federal government and the rollout of vaccines has supported an economic recovery, providing consumers with the financial wherewithal to spend and the confidence to return to restaurants, bars and shops.

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