Jobless Claims Fall Below 500,000 , For First Time Since Pandemic Crash.<br />498,000 new jobless claims were filed last week, <br />falling by nearly 100,000 claims from the week before.<br />The number was well below <br />economists' predictions of 527,000.<br />Job gains are cutting financial stress and poverty by leaps and bounds now, and this strong trend should continue at least through the summer, Robert Frick, Navy Federal Credit Union <br />Corporate Economist, via CNBC.<br />The fall in jobless claims <br />is likely a reflection of easing <br />restrictions all across the country.<br />as well as the fact that at least two million <br />daily vaccinations are taking place in the U.S.<br />Continuing claims data for last week <br />revealed a rise of 37,000. .<br />Nearly 3.7 million people <br />continue to receive <br />unemployment benefits
