New jobless claims see unexpected rise, surpassing pre-COVID record
Initial jobless claims for the week ending March 27 rose to 719,000, a number that surpassed the pre-coronavirus record, just one week after filings hit a pandemic low
New unemployment claims hit highest level since September
The number of total unemployment claims last week reached 1.1M, an increase of 231,335 from the previous week, according to the US Department of Labor
by Patrick Kearns Jan 14
New jobless claims spiked last week as COVID cases continue to spread
As Congress continued to negotiate a stimulus package, 947K individuals filed new unemployment claims, up 229K from the week prior, according to the Labor Department
by Patrick Kearns Dec 10