Weekly jobless claims increase while continuing claims decrease

Based on new jobless claims, the US’ economy doesn’t appear to be ‘roaring back.’ American workers continued to hit the unemployment line in large numbers last week, with 898,000 new claims filed for jobless benefits. MORE

First-time claims for unemployment insurance totaled 1.5 million last week, well above the 1.3 million expected. Workers receiving benefits under all programs including pandemic assistance totaled 29.1 million, a decrease of more than 375,000. This MORE

First-time claims for unemployment insurance totaled 860,000 last week. That was down from the 893,000 a week ago and better than Dow Jones estimates of 875,000. Continuing claims fell by more than 900,000 to 12.63 MORE