Weekly Jobless Claims Hold Against Delta Variant

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States reported that 340,000 workers filed for new unemployment benefits during the week ending August 28, a decrease of 14,000 from the previous week’s revised level and the lowest level since the pandemic took hold in the U.S. in March 2020. Although new claims are down significantly from this time last year, they are still elevated compared to their 2019 weekly average of just over 200,000. So far, the Delta variant surge has not resulted in a sustained increase in claims.

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