Holding pattern: Unemployment claims dip to eight-week “low”

Unemployment claims totaled 2.98 million last week. That’s the good news. It was the first dip below 3 million since mid-March, when claims numbered a mere 282,000 (and represented a jump at the time from the usual 210,00 or so). Last week’s tally was down by more than half from the spike to nearly 7 million unemployment claims seen at the end of March, but still well above the peak of 650,000 weekly claims during

source https://therealdeal.com/2020/05/14/holding-pattern-unemployment-claims-dip-to-eight-week-low/