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

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

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.

 

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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.

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