Economic Report: Jobless claims drop to pandemic low of 348,000 in sign companies still hiring despite delta

New applications for U.S. unemployment benefits fell in mid-August for the fourth week in a row and slipped to a 17 month low in a sign the economy is resisting the threat from the delta variant of the coronavirus.

New applications for U.S. unemployment benefits fell in mid-August for the fourth week in a row and slipped to a 17 month low in a sign the economy is resisting the threat from the delta variant of the coronavirus.