Breaking: 1.5 million workers filed jobless claims last week. While applications have eased as businesses reopen, 20.5 million people continue receiving benefits.
The number of workers seeking jobless benefits remains at elevated levels as the U.S. economy shows signs of recovery
Unemployment in the pandemic has fallen disproportionately on Latina women, with many in the service industry. Here’s how gender, race, and occupation help determine who is most vulnerable in the worst economic slump since the Great Depression. Illustration: Crystal Tai
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US weekly jobless claims hit 1.5 million, bringing the 13-week total to 46 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Stock market live today: Dow futures down 100, reopening trades lower, jobless claims aheadThe latest on markets Thursday, including coronavirus developments and the latest jobless claims figures.
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Layoffs: 1.5M workers file for unemployment amid COVID-19 even as states let businesses reopenAnother 1.5M Americans filed initial jobless claims last week amid the coronavirus pandemic even as states continue allowing businesses to reopen.
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1.5 million more US workers file for unemployment insuranceJUST IN: Another 1.5 million U.S. workers filed for unemployment insurance last week, the U.S. Department of Labor said.
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Weekly unemployment claims remain high, amid second wave of layoffs“For an economy that is reopening, that is a huge number,” said one economist of the 1.5M people who filed for first-time unemployment benefits last week.
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U.S. weekly jobless claims remain high, second wave of layoffs blamedA second wave of layoffs amid weak demand and fractured supply chains is likely keeping new U.S. applications for unemployment benefits elevated, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession.
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