Initial unemployment claims edged down to 1.3 million in the most recent week and employees getting benefits reduced somewhat to 18.1 million, signs the labor market continues to recover.
The number of brand-new applications for unemployed benefits fell by a seasonally changed 99,000 for the week ended July 4, the Labor Department reported Thursday. That extends a pattern of steady decreases from a peak of 6.9 million in mid-March, when the coronavirus pandemic and mandated company closures shut down swaths of the U.S. economy. Still, last …
source https://jobsearchtips.net/u-s-initial-joblessness-claims-edge-down-in-most-current-week/
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