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Jobless claims: Another 1.877 million Americans file for unemployment benefits
The state of employment in the U.S. took centerstage Thursday when the U.S. Labor Department released its weekly jobless claims report.
finance.yahoo.com
An additional 1.877 million Americans filed for unemployment benefits in the week ending May 30, exceeding economists’ estimates for 1.843 million initial jobless claims during the week. The prior week’s figure was revised higher to 2.13 million from the previously reported 2.12 million.
This week’s report marked the first time that weekly initial jobless claims came in below two million in 10 weeks. Over the past 11 weeks, more than 42 million Americans have filed for unemployment insurance.
At least it takes your minds off of the pandemic and the riots in the streets.
Heck of a job Donnie!