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State Jobless Claims in U.S. Fall to Lowest Since March 2020

  • Applications fell to 576,000 last week, led by California
  • Continuing benefit claims were little changed two weeks ago
A caricature artist draws the image of a couple while customers wait in line at a vendor stall at Broadway at the Beach in Myrtle Beach, South Carolina.
A caricature artist draws the image of a couple while customers wait in line at a vendor stall at Broadway at the Beach in Myrtle Beach, South Carolina.Photographer: Micah Green/Bloomberg
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The number of applications for U.S. state unemployment benefits plummeted last week to the lowest since the pandemic began, indicating the labor market continues to thaw as governments lift restrictions on business and activity picks up.