The number of Americans filing new claims for unemployment benefits last week totaled 1,434 million, the Labor Department reported Thursday, roughly in line with expectations, as the coronavirus pandemic continues to devastate the U.S. economy. It was the nineteenth consecutive week in which initial claims totaled at least 1 million …
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The United States faces significant long-term economic damage from the coronavirus as lawmakers discuss boosted unemployment benefits amid stubbornly high weekly jobless claims. More than 1 million Americans have filed new claims for unemployment benefits each week for the past four months. Those figures provide a grim backdrop for the …
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The weekly $ 600 increase in unemployment insurance payments is likely to expire before lawmakers reach an agreement on the next coronavirus relief package, raising the stakes for the negotiations and creating more uncertainty for people. who depend on government help. Because most states process payments on a weekly cycle …
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US stocks rose on Thursday after June employment data exceeded expectations and further fueled hopes for a short-term economic rally. The Nasdaq Composite Index, heavy on technology, closed at a record high. The nation’s economy added 4.8 million nonfarm payrolls last month, the Bureau of Labor Statistics announced Thursday morning. …
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Hundreds of unemployed Kentucky residents wait outside the Kentucky Career Center for help with their unemployment claims late last week in Frankfort. John Sommers II / Getty Images Text size A downward trend in first-time unemployment insurance claims stagnated in the past week, showing how long it will take for …
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