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US jobless claims drop to 787,000, but layoffs remain high - Black News Channel

  • Oct 22, 2020
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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels. Last week's figure was down from 842,000 the previous week, the Labor Department said Thursday. The government also revised down the number of people who sought aid in the two weeks before that. The revised total for the week that ended Oct. 3 was 767,000, the fewest since the viral pandemic erupted in March, though still more than three times the […]

The post US jobless claims drop to 787,000, but layoffs remain high appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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