US initial jobless claims were less than 1 million last week, for the first time since March
However, the fall in jobless claims may be because people are discouraged from filing claims after a weekly benefit supplement of $US600 expired. The stalemate on the next US fiscal stimulus package continued in Congress, with no progress in negotiations between Republicans and Democrats.Mr Trump said he was blocking efforts by the Democrats to include funds for the US Postal Service and election infrastructure in the new stimulus bill in his attempt to block more Americans from voting by mail during the pandemic.
US Treasury bonds rose for a fifth day after the US Government sold a record amount of 30-year bonds.
Below 1 million? Kidding.
The US unemployment rate has been surprisingly positive despite the China virus.
Oh you are talking about NEW applicants for unemployment. Ignoring the 50million already unemployed lol