U.S. weekly jobless claims, 310,000, in new pandemic low

U.S. jobless claims rose by 310,000 last week, remaining below the key 400,000 for a sixth straight week for a new pandemic low, the Labor Department data said on Thursday.

“In the week ending Sept. 4, the advance figure for seasonally adjusted initial claims was 310,000, a decrease of 35,000 from the previous week’s revised level,” the department said.

The department said this in a statement. This was the lowest level for initial claims since March 14, when it was 256,000.”