Jobless claims: Another 965,000 Americans filed new unemployment claims last week

New weekly unemployment claims spiked far more than expected last week to reach a five-month high, as the coronavirus pandemic and stay-in-place orders weighed heavily on the labor market. The…

Continue Reading Jobless claims: Another 965,000 Americans filed new unemployment claims last week

Weekly Jobless Claims Surge to 965,000, Above Expectations

The number of American workers seeking state unemployment benefits last week blew by expectations to 965,000, a figure not seen since August and a historically high amount that points to a labor…

Continue Reading Weekly Jobless Claims Surge to 965,000, Above Expectations