Another 778,000 workers filed for unemployment as ‘pandemic purgatory’ worsens

Another 778,000 workers filed for unemployment as ‘pandemic purgatory’ worsens

This is a breaking news story: Please check back for updates.

The beleaguered U.S. labor market is absorbing a fresh wave of jobless workers, with 778,000 new unemployment claims filed in the latest week, as soaring COVID-19 infections lead states and cities to clamp down on public life.

The Department of Labor released its weekly report on initial jobless claims Thursday morning at 8:30 a.m. ET. Here are the numbers compared to what Wall Street expected, according to consensus estimates…


Source link

About search

Check Also

Kenny Smith hasn't heard from Charles Barkley about retiring from broadcasting: 'We'll see' – Yahoo Sports

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *