Jobless claims below 800,000 for third straight week (CNBC)

Released on November 5, 2020 Initial jobless claims totaled 751,000 last week, the third straight week that claims were below 800,000, CNBC reports. Claims have been trending down since late March but remain above pre-pandemic levels. “Bottom line, overall, the labor market continues to repair itself but the pace at which it is doing so isRead More

US initial jobless claims fall by 60,000, but recovery remains ‘lethargic’

Released on June 25, 2020 US initial jobless claims fell by 60,000 in the week ended June 20 from the previous week to a total of almost 1.5 million, according to seasonally adjusted numbers released today by the US Department of Labor. However, the previous week’s level was revised upward by 32,000. The four-week movingRead More