US weekly unemployment claims rise to 1.4m after four months of decline

0
64

Figures come as Congress debates an extension to the $600 weekly lifeline for those on unemployment benefits

The number of Americans filing for unemployment benefits last week rose again last week after four months of falls as the surge in coronavirus cases led states, including California and Texas, to pause the reopening of businesses shuttered to slow the coronavirus’s spread.

The labor department announced on Thursday that 1.4m claims had been received last week, up 109,000 from the previous week. The previous week’s figure was also revised up

Continue reading…

LEAVE A REPLY

Please enter your comment!
Please enter your name here