US weekly jobless claims hit 2.1 million, bringing the 10-week total to more than 40 million
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AP Photo/Marcio Jose Sanchez

US jobless claims for the week that ended on Saturday totaled 2.1 million, the Labor Department said Thursday. The matched the median economist estimate.

That brings the 10-week total to 40.7 million. But Thursday's report also marks an eighth straight weeks of declining claims.

Continuing claims were 21 million for the week ending May 16, down from the previous report's record of more than 25 million. 

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