Friday 19 June 2020

Jobless claims total 1.5 million, worse than expected as economic pain persists

Jobless claims total 1.5 million, worse than expected as economic pain persists

Weekly jobless claims stayed above 1 million for the 13th consecutive week as the coronavirus pandemic continued to hammer the U.S. economy. First-time claims totaled 1.5 million last week, higher than the 1.3 million that economists surveyed by Dow Jones had been expecting. The government report’s total was 58,000 lower than the previous week’s 1.566 million, which was revised up by 24,000.
Read more: https://www.cnbc.com/2020/06/18/weekly-jobless-claims.html?source=Snapzu

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