U.S. unemployment claims drop to 473,000, a new pandemic low

May 13, 2021 ☼ economypandemic

Source: POLITICO - Link

With hiring up, vaccinations increasing and the economy accelerating, consumers have grown more confident and, on average, are flush with cash after limiting their spending during the pandemic. Stimulus checks have also bolstered many bank accounts.

Seems to belie the notion that the government is paying people not to work.