The numbers: New applications for U.S. unemployment benefits rose in mid-February to a four-week high of 861,000, showing lots of Americans are still losing their jobs nearly a year after the onset of the coronavirus pandemic. Initial jobless claims filed traditionally through the states rose by 13,000 to 861,000 in …
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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 …
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Millions of Americans recently filed for unemployment in the past few weeks, mainly due to stay-at-home orders that have forced businesses to temporarily shut down during the COVID-19 health emergency. We join every American in hopes that this experience is short-lived, that businesses will reopen soon and that people affected …
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