U.S. Jobless Claims Fell to 787,000 Last Week
Posted on AllSides October 22nd, 2020
From The Center
Layoffs have remained high this fall, though the number of people receiving benefits from state programs has edged lower
New applications for unemployment benefits fell last week, a sign of improvement for the U.S. labor market.
Weekly initial claims for jobless benefits fell by 55,000 to a seasonally adjusted 787,000 in the week ended Oct. 17, the Labor Department said Thursday. The number of people collecting unemployment benefits through regular state programs, which cover most workers, decreased by 1 million to about 8.4 for the week ended Oct. 10.
The...
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