U.S. jobless claims drop to three-week low of 847,000
January 28, 2021 at 08:52 AM EST
The number of people who applied for jobless benefits in late January fell to the lowest level in three weeks, but layoffs were still high early in the new year as the economy wrestled with a winter surge in the coronavirus. Initial jobless claims filed traditionally through the states fell by 67,000 to a seasonally adjusted 847,000.