Weekly Jobs Report: 787,000 people filed for first time benefits

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The number of Americans filing for first time unemployment have fallen for three weeks in a row, but the numbers still show a lot of pain in the marketplace.

The Labor Department reports that 787,000 people filed for first time benefits last week. That’s better than most analysts expected and it is the third drop in unemployment benefits in three weeks, but 787,000 is well off of pre-pandemic numbers back in March.

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