(Photo : Justin Sullivan/Getty Images)
A job seeker looks at a job listing board at the East Bay Career Center February 2, 2006 in Oakland, California.
The number of workers who filed for new jobless claims decreased last week with 803,000 filings. In the week prior, jobless claims stood at 892,000, the Labor Department said Wednesday.
This fall in jobless claims could be a sign that the economy is starting to recover from the economic toll of the coronavirus pandemic but at a slow pace.
This notable decreased in claims marks the end of a three-month high. But claims are still hovering at the highest since September as states continue to impose restrictions on business activities to prevent coronavirus spread.