CoronavirusFox NationalIndiana NewsOhio News

Over 1.4M Americans filed for unemployment aid last week

(Photo Supplied: https://goo.gl/7qDPLU License: https://goo.gl/OOAQfn)

WASHINGTON (Fox News): The number of Americans applying for unemployment benefits rose again last week, intensifying fears that a fresh round of business closures amid a resurgence in coronavirus cases is stalling — or reversing — the labor market’s early recovery.

The latest jobless claims figures from the Labor Department, which cover the week ended July 25, show that more than 1.43 million workers sought jobless aid last week, pushing the total number since the shutdown began to more than 54 million.

Economists surveyed by Refinitiv expected 1.45 million new claims.

It’s the 19th consecutive week that jobless claims came in above 1 million; before the pandemic, the record high was 695,000 set in 1982.

Related posts

Farm Bureau: Ethanol Proposal Should be Scrapped

Kylie Havens

2023 State of Computer Science Report Highlights Indiana as One of the Top States in the Nation for Computer Science

Josh Williams

Indiana Councilman Accused of Hitting Wife, Roommate

Darrin Wright

Leave a Comment