US unemployment claims plummet to pandemic low of 360,000, but companies still struggle to find workers

The numbers: New jobless claims fell to a new pandemic low last week as companies tried to hire more workers and avoid layoffs amid a robust economic recovery in the US. Initial jobless claims fell by 26,000 to 360,000 in the seven days ending July 10, matching economists’ forecast polled by The Wall Street Journal. … Read more