New filings for jobless claims in the U.S. totaled 787,000 last week, the lowest total since the early days of the coronavirus pandemic.
Economists surveyed by Dow Jones had been expecting 875,000.
The total reflected a decline of 55,000 from the downwardly revised 842,000 from the previous week.
One reason for the decline in jobless claims has been the migration of workers who have exhausted their regular benefits and have moved to the Pandemic Unemployment Assistance emergency compensation program.
That total increase by 509,828 for the week ended Oct. 3.
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