Jobless Claims Drop To New Pandemic-Era Low

Jobless claims are at a Covid-era low, and people are increasingly looking for work as various states prepare to cut back their enhanced pandemic unemployment benefits. This might look like a slam dunk for critics of those payments — but experts say the connection isn’t as straightforward as it might seem. “We still don’t know how much of an effect the unemployment insurance benefits are having on the labor supply and people’s eagerness to work,” said Jed Kolko, chief economist at hiring firm Indeed. Read more at CNN Business.

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