Jobless claims reach 4-week high

[Picheshwar]

Jobless claims reach 4-week high

Applications for unemployment insurance rose to their highest level in four weeks, at 861,000, though the spread of the coronavirus has slowed. The continued elevation in new claims last week compares with a pre-pandemic high of 695,000 and was accompanied by continuing claims of about 4.5 million. Supplemental jobless benefits are set to expire in mid-March, meanwhile, adding urgency to the passage of a new relief package by Congress.

 

https://www.linkedin.com/news/story/jobless-claims-reach-4-week-high-5377826/

 

 

[Picheshwar]

 

At 861,000, new jobless claims posted a surprise back-to-back weekly increase to reach the highest level in one month. The prior week's new claims were also upwardly revised to 848,000, from the 793,000 reported previously.
Read more: https://yhoo.it/37pbaYP
#yahoofinance #jobs #news

 

 

 

[Hitman]

Advantages being Jobless...unemployment benefits is better than salary, you can stop paying mortgage, rents, bills etc.. 

[Picheshwar]

4 minutes ago, Hitman said:

Advantages being Jobless...unemployment benefits is better than salary, you can stop paying mortgage, rents, bills etc.. 

vuuu