WASHINGTON (AP) – The number of laid-off workers seeking unemployment benefits in the United States declined just last week, and the economy contracted in the first three months of the year, evidence of continued economic damage caused by the viral pandemic. The economy, which contracted 5% in the January-March quarter, …
Read More »Weekly unemployment claims in the United States total 1.48 million, compared to an estimated 1.35 million
Unemployment claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly high, though those who received benefits fell below 20 million for the first time in two months. Economists surveyed by Dow Jones expected 1.35 million claims. While the weekly figures remained high and were …
Read More »