The torrent of Americans filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday. That brings to 10 million the total Americans who filed over the past two weeks.
Economy
Weekly jobless claims surge to their highest total since August
More winning: First-time claims for unemployment insurance jumped to 965,000 last week amid signs of a slowdown in hiring due to pandemic restrictions, the Labor Department reported Thursday. The total was worse than Wall Street MORE
Economy
2.1 million Americans file jobless claims
First-time jobless claims totaled 2.1 million last week, slightly ahead of the 2.05 million Wall Street estimate. Continuing claims plunged by nearly 4 million to just over 21 million, probably a clearer representation of the MORE
Economy
Weekly jobless claims; CA leads the way
Weekly jobless claims totaled 1.48 million last week, worse than the 1.35 million Wall Street estimate. Continuing claims fell by 767,000 to 19.52 million. California accounted for the biggest surge as claims remained above 1 MORE