Jobless claims jump back above 1 million

Aug 20, 2020 |

The number of Americans filing initial claims for jobless benefits rose back above 1 million last week, increasing for the first time in three weeks, as the COVID-19 pandemic fueled layoffs. “The labor market’s recovery remains precarious,” Wells Fargo economists said in a statement after the Labor Department issued a report on Thurday showing claims […more]

Posted in: San Francisco

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