Another 793,000 Americans Filed For Initial Unemployment Benefits Last Week

America’s unemployment crisis shows no signs of letting up. Another 793,000 American workers filed for first-time unemployment benefits last week on a seasonally adjusted basis, according to the Department of Labor. Jobless claims continue to be stubbornly high: It was a small decrease from the previous week’s claims, which were revised higher. But it was also more than economists had expected and nearly four times as many claims as during the same period last year, just before the pandemic hit. Read more at CNN Business.

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