Jobless Claims Increase for First Time Since October to 742,000

By : Wibbitz Top Stories

Published On: 2020-11-19

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00:52

Jobless
Claims Increase, for First Time Since
October to 742,000.
The jobless claims data was released
by the Department of Labor on Thursday.
The increase is significantly more than the
710,000 claims that economists had predicted.
Analysts have expressed
concerns that the labor market
recovery continues to be unsteady ...
... amid what seems to be a new
wave of coronavirus infections.
Eight months into this crisis, there continues to be tremendous economic uncertainty that’s regularly forcing hundreds of thousands into unemployment, AnnElizabeth Konkel, Economist at
Indeed Hiring Lab, via NBC News.
Since October, deaths due to COVD-19
have increased by 42 percent.
With several federal government
assistance programs set to expire soon,
analysts are calling for the passage of
another economic stimulus package

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