March 18, 2021

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the coronavirus recession. Thursday’s report from the Labor Department showed that jobless claims climbed from 725,000 the week before. The numbers have dropped

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December 10, 2020

The number of new applications for unemployment insurance surged last week to 853,000, a jump of more than 100,000 from the previous week, amid record-high coronavirus cases that are slowing economic growth. In the week ending December 5, initial weekly jobless claims rose by 137,000 from a revised total of 716,000 applications. The non-seasonally adjusted

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August 7, 2020

WASHINGTON (AP) — The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hiring and the economic rebound. At any other time, hiring at that level would be seen as a blowout gain. But after employers shed a staggering

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July 30, 2020

The number of Americans who filed new claims for unemployment benefits last week totaled 1.434 million, the Labor Department reported Thursday, roughly in line with expectations, as the coronavirus pandemic continues to ravage the U.S. economy. It was the 19th straight week in which initial claims totaled at least 1 million and the second consecutive week in

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June 25, 2020

Stocks fell for a second day on Thursday following the release of disappointing unemployment data while traders grappled with a rising number of coronavirus cases. The Dow Jones Industrial Average traded 200 points lower, or 0.8%. The S&P 500 slid 0.7% while the Nasdaq Composite dropped 0.8%. An additional 1.48 million Americans filed for unemployment benefits last

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