The numbers: The number of initial jobless claims fell by almost 100,000 in early July to a four-month low 1.31 million, but the pace of layoffs is still quite high and appears to be bogging down an economic recovery from the coronavirus pandemic. Initial jobless claims, a rough gauge of …
Read More »Economic Report: Jobless claims fall to four-month low of 1.31 million in early July, but layoffs still high
