U.S. Jobless Claims Edge Down To Lowest Level Since March 2020

First-time claims for U.S. unemployment benefits showed a modest decrease in the week ended June 5th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims edged down to 376,000, a decrease of 9,000 from the previous week's unrevised level of 385,000. Economists had expected jobless claims to dip to 370,000.