Jobless claims drop to pandemic low of 268,000 as labor shortage forces businesses to avert layoffs
November 18, 2021 at 08:35 AM EST
The number of people who applied for unemployment benefits in mid-November fell for the seventh straight week and are heading toward pre-pandemic lows due to the biggest labor shortage in decades. New filings for jobless benefit slipped by 1,000 to 268,000.
