U.S. Sees Fewest Weekly Jobless Claims Since Start Of Pandemic

US jobless claims fell to 684,000, the lowest since the pandemic began, marking a significant drop of nearly 100,000 from the previous week. This is the first time claims have fallen below 700,000 since last March, indicating an improving labor market. However, nearly 19 million people are still collecting jobless benefits.

What new insight or understanding did you gain from this video?