Weekly Jobless Claims Decrease

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Weekly Jobless Claims Decrease
576,000 initial claims were filed last week, which is a decrease from previous week.
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There's encouraging news on the jobless claims front. Weekly unemployment claims dropped to 576,000.

That's a decrease of 193,000 claims from the previous week.

For some perspective: January saw a peak of 900,000 weekly claims. 

Economists are hopeful these numbers are a sign the economy is starting to pick up as more Americans get vaccinated.