Continuing claims for state benefits fell to 2.8 million in the week ended Sept. 18.
The number of initial jobless claims in the US totalled 751,000 last week, as the labour market continues to recover at a slowing pace due to the raging Covid-19 pandemic
Says slain African-American George Floyd might be pleased by report, which shows over 2.5 mn jobs were added in May amid Covid-19, and predicts the battered economy will recover all jobs by next year
The unemployment rate fell from 7% in early 1961 to 4% by end of 1965