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US jobless claims up to 744K as virus still forces layoffs
6 days ago - By Chron
WASHINGTON - The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs even as more people are vaccinated against COVID-19, consumers gain confidence and the government distributes aid throughout the economy.
The Labor Department said Thursday that applications increased by 16,000 from 728,000 a week earlier. Jobless claims have declined sharply since the virus slammed into the economy in March of last year. But they remain stubbornly high by historical standards: Before the pandemic erupted, weekly...
Read more ...US jobless claims rise to 744,000 as some employers keep cutting jobs amid pandemic
6 days ago - By Stl Today
WASHINGTON - US jobless claims rise to 744,000 as some employers keep cutting jobs amid pandemic.
Read more ...Unemployment Claims Rose To 744,000 Last Week
6 days ago - By Forbes
Experts from Bank of America expect employment to return to pre-pandemic levels by the end of the year.
Read more ...Weekly Initial Unemployment Claims increased to 744,000
6 days ago - By Calculated Risk
The DOL reported :
In the week ending April 3, the advance figure for seasonally adjusted initial claims was 744,000, an increase of 16,000 from the previous week's revised level. The previous week's level was revised up by 9,000 from 719,000 to 728,000. The 4-week moving average was 723,750, an increase of 2,500 from the previous week's revised average. The previous week's average was revised up by 2,250 from 719,000 to 721,250.
emphasis added This does not include the 151,752 initial claims for Pandemic Unemployment Assistance that was down from 237,065 the previous week.
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