Unemployment claims continue to show labor market progress.
The weekly figure was about 425,000, an increase of 6,000 from the previous week. New claims for Pandemic Unemployment Assistance, a federally funded program for jobless freelancers, gig workers and others who do not ordinarily qualify for state benefits, totaled 76,000, a decline of 17,000 from the prior week. The figures are not seasonally adjusted. (On a seasonally adjusted basis, state claims totaled 385,000, a decline of 20,000.)
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