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US jobless claims declined to 1.3 mn last week, but still at historic high

US jobless claims declined to 1.3 mn last week, but still at historic high

The number of initial jobless claims in the US totaled 1.3M last week, the 13th weekly decline in a row, taking the total to 50M in the four month period. Last week, nearly 100,000 less people filed for unemployment compared with the week before. Claims under the Pandemic Unemployment Assistance, a federal program, also totaled to over 1M, an increase of nearly 42,000 from the previous week.

pennydreadful
pennydreadful
Indo
Indo 2 months

And another day goes by with nothing new to buy. What my dickens is going on ! Are we really that bad ? Are we going down without a fight !?

Unity.Nat
Unity.Nat 2 months

Democrat Socialism at it's finest

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