Economic Report: Jobless claims dip to 267,000 and touch pandemic bottom with layoffs at record lows

The number of people who applied for unemployment benefits in early November slid to another pandemic low, as businesses frantically sought to beef up staff and avoid layoffs during the biggest labor shortage in decades.

The number of people who applied for unemployment benefits in early November slid to another pandemic low, as businesses frantically sought to beef up staff and avoid layoffs during the biggest labor shortage in decades.