Worker filings for unemployment insurance likely ticked down again last week, continuing their long glide path toward pre-pandemic levels as the labor market improves.

Economists surveyed by The Wall Street Journal estimate that the Labor Department will report Wednesday that initial filings for jobless benefits, a proxy for layoffs, declined to 260,000 last week from 269,000 the prior week.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

College seniors are graduating into a job market in flux, but a handful of industries are still eager to hire

Millions of college seniors are donning their caps and gowns this week…

Former ‘Bachelor’ star Colton Underwood comes out as gay

Former “Bachelor” star Colton Underwood revealed that he is gay in a…

Sherpa guide Kami Rita scales Mount Everest for a record 28th time

Veteran Sherpa guide Kami Rita scaled Mount Everest for the 28th time…

Patti LuPone blasts Broadway theatergoers for not adhering to mask policy

Patti LuPone had a message for two theatergoers on Tuesday: Wear your…