The Briefing Room
General Category => Economy/Business => Topic started by: mystery-ak on April 08, 2021, 01:26:40 pm
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Jobless claims tick up to 744,000
By Niv Elis - 04/08/21 08:47 AM EDT
Jobless claims ticked up to a seasonally adjusted 744,000 in the week ending April 3, an increase of 16,000 from the previous week, remaining stubbornly high as the economy reopens.
Two weeks ago, claims dipped below 700,000 -- their pre-pandemic record -- for the first time since COVID-19 shuttered the economy last year, but have since bounced back.
Last week's figures were also revised up to 728,000, an increase of 9,000.
The latest weekly figures, well above the 694,000 economists expected, are a reminder of the difficult path to recovery the economy still faces.
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https://thehill.com/policy/finance/547089-jobless-claims-tick-up-to-744000