TV News LIES

Saturday, Jan 16th

Last update03:31:11 AM GMT

You are here News Economy US jobless claims rise to 778,000 as pandemic worsens

US jobless claims rise to 778,000 as pandemic worsens

E-mail Print PDF
obless claims rise to 778,000The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.

The Labor Department's report Wednesday said jobless claims climbed from 748,000 the week before. Before the virus struck hard in mid-March, weekly claims typically amounted to roughly 225,000. They shot up to 6.9 million during one week in March before dropping yet remain historically high more than eight months later, with many businesses unable to fully reopen.

The number of people who are continuing to receive traditional unemployment benefits is now 6.1 million, up from fewer than 1.7 million a year ago. Still, that figure had been declining for months. It shows that more Americans are finding jobs and no longer receiving unemployment aid. But it also indicates that many jobless people have used up their state unemployment aid — which typically expires after six months — and have transitioned to a federal extended benefits program that lasts 13 more weeks.

More...


Most Recent Related Stories...


U.S. jobless benefit cut-off pushes millions to financial cliff-edge

Food lines 2020When the U.S. Congress passed a pandemic aid bill on Monday, Meghan Meyer, a single mom...

US jobs market recovery slows amid surge in Covid-19 cases

US job marked recovery slows The recovery in the US jobs market collapsed in November as cases of Covid-19 hit new...

Jobless claims rise to 885,000 amid resurgence of virus

Jobless claims rise to 885,000 The number of Americans applying for unemployment benefits rose again last week to 885,000 as a...

EU set to impose tariffs on $4 billion U.S. goods next week

European placing $4B in tariffs on US The European Union is likely to impose tariffs on $4 billion of U.S. imports including...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!