Released on August 6, 2020

US jobless claims fell by nearly a quarter million last week to 1.19 million; it was the lowest level for the pandemic, MarketWatch reported. Economists polled by the news agency had expected 1.4 million claims for unemployment insurance. However, it noted that new jobs added in July to be just a third of the number added in June when the government reports unemployment numbers tomorrow.

Original author: Staffing Industry Analysts (SIA) | Daily News