Filings for jobless benefits last week are estimated to have fallen and reached a fresh pandemic low, extending a downward trend that has remained intact despite challenges posed by the Delta variant of Covid-19.
Economists expect the Labor Department will report Thursday that initial unemployment claims, a proxy for layoffs, moved lower in the week ended Sept. 4 to 335,000 from 340,000 during the prior week, when claims fell by 14,000.