1M More Americans File Jobless Claims, as Unemployment Dips Below 10% – By Rebecca Mansour (Breibart) / Aug 27 2020
Another one million U.S. workers have filed for new unemployment benefits, the Labor Department said in its weekly report Thursday.
The report listed 1,006,000 new claims for the week ending Aug. 22, a decrease of 98,000 from the previous week. It listed the unemployment rate at 9.9 percent.
Thursday’s report also revised down last week’s claims by 2,000 filings.
Most economists expected about one million new claims.
The department said there are 14.5 million continuing claims, which lag initial claims by a week.
Continue to article: https://www.breitbart.com/economy/2020/08/27/1m-more-americans-file-jobless-claims-as-unemployment-dips-below-10/
