US weekly jobless claims hit 1.3 million, slightly exceeding economist forecasts - Business Insider

Hundreds of people line up outside a Kentucky Career Center hoping for assistance with their unemployment claims.US jobless claims for the week that ended Saturday totaled 1.3 million, the Labor Department said Thursday. That came in slightly above the consensus economist estimate of 1.25 million.

Thursday's report marked the 15th straight week of declining claims. It also brought total filings over a 17-week period to more than 51 million. Continuing claims, the aggregate total of people receiving unemployment benefits, totaled 17.3 million for the week that ended July 4.More than a million Americans filed for unemployment benefits last week, signaling that pandemic-induced layoffs remain elevated even with the US economy reopening.

SouthAfrica lost 3million jobs.... with 20% of the USA population. Nice work ANC communistic socialistic gobbledygook policies. Soon China won't want to touch us, best thing ever.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Insider's best investing stories of the week ended July 14 - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us today at 1:30 p.m! Business Insider payments reporter Shannen Balogh will speak with Domm Holland, Fast's co-founder and CEO, about how he came up with the idea for the company and Jan Hammer, general partner at Index Ventures. This is DOA
Source: BusinessInsider - 🏆 729. / 51 Read more »

Subscription car service Drover raises $26 million as COVID-19 disrupts public transport - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »