Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.New US jobless claims for the week that ended Saturday totaled 860,000, the Labor Department said Thursday. That came in slightly above the consensus economist estimate of 850,000, but marked an encouraging decline from the prior week.
. That reading slightly exceeded the median economist estimate of 850,000 compiled by Bloomberg, although it did reflect a decline from the prior period. In just over six months, the more than 61 million unemployment claims filed during the coronavirus pandemic have far surpassed the 37 million during the 18-month Great Recession. The most recent weekly reading still surpasses the 665,000 filings made during the Great Recession's worst week.
“Recovery” is a reach.
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This is not economic recovery lmao wtf. I read that as 860k NEW people lost their jobs again this week.
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Source: BusinessInsider - 🏆 729. / 51 Read more »