For 20th straight week, more than 1 million Americans filed jobless claims even as enhanced benefits expired

Posted on AllSides August 6th, 2020
From The Left
Economy and Jobs, jobless claims, unemployment benefits, coronavirus, coronavirus pandemic, Paycheck Protection Program

The number of newly filed unemployed insurance claims dropped last week after two straight weeks of rising, but it remains well above historic pre-pandemic levels, according to Labor Department data.

It marked the 20th straight week that more than 1 million Americans filed jobless claims.

A total of 1.19 million people filed new claims last week, down from 1.43 million the week previously. The numbers of new claimants have come down from their peak in March of more than 6 million, but they are still well above the pre-pandemic record...

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https://www.washingtonpost.com/business/2020/08/06/20th-straight-week-more-than-1-million-americans-filed-jobless-claims-even-enhanced-benefits-expired/

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