BREAKING: U.S. weekly jobless claims total 1.186 million, vs. 1.423 million expected.
Weekly jobless claims hit their lowest level of the pandemic area, totaling 1.186 million last week, well below Wall Street expectations.Amid worries that the employment picture was faltering after two record-breaking months of job creation, the claims number indicates some momentum. Continuing claims, or those who have collected benefits for two straight weeks, dropped by 844,000 to 16.1 million.
The last time the weekly claims number was this low was March 14, just as the coronavirus hit pandemic status and the U.S. economy came to a standstill in an effort to halt the spread. The totals since then have easily eclipsed anything seen before in records going back to 1967. Still, even with this past week's improvement, the total remains well above the pre-pandemic record of 695,000 in 1982.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock market live updates: Dow futures down 100, jobless claims ahead, Roku falls 5%Stock futures moved slightly lower early Thursday as investors awaited weekly jobless claims data.
Weiterlesen »
Biden campaign goes on offense, looks to expand electoral map with $280 million general election ad buyBiden campaign goes on offense, looks to expand electoral map with $280 million general election ad buy.
Weiterlesen »
California lawmakers ask Newsom to act immediately on unemployment claimsMore than half the members of the California Legislature called on Gov. Gavin Newsom to immediately begin paying unemployment benefits to jobless workers whose claims have been stalled in the system as the state works to clear a months-long backlog.
Weiterlesen »
US expects millions of coronavirus vaccine doses by early next yearThe top US infectious diseases Anthony Fauci says drugmakers will likely have tens of millions of doses of coronavirus vaccines in the early part of next year, with production ramping up to a billion doses by the end of 2021.
Weiterlesen »
U.S. to investigate Kodak's government loan deal, Trump saysThe U.S. government will quickly investigate the circumstances surrounding Eastman Kodak Co's announcement of a $765 million government loan to make drugs at its U.S. factories, President Donald Trump said on Tuesday.
Weiterlesen »
U.S. coronavirus fraud losses near $100 million as COVID scams doubleU.S. losses from coronavirus-related fraud and identity theft have reached nearly $100 million since the pandemic emerged in March, while complaints of COVID-19 scams have at least doubled in most states, a consumer protection group said on Tuesday.
Weiterlesen »