The number of Americans filing new claims for unemployment benefits fell close to pre-pandemic levels last week as the labour market recovery continues, though a shortage of workers remains an obstacle to faster job growth.Thursday’s weekly unemployment claims report from the United States Department of Labor, the most timely data on the economy’s health, also showed jobless benefits rolls declining to a 20-month low in early November. The economy is regaining momentum following a lull over the summer as a wave of COVID-19 infections driven by the Delta variant battered the nation.“Demand for labour is very strong and workers are in short supply, so layoffs are very low right now,” said Gus Faucher, chief economist at PNC Financial in Pittsburgh, Pennsylvania.
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