Unemployment Claims Head In Wrong Direction

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The Labor Department today has put out an update on unemployment in this country. Boxes. Lily and Woo takes a look at the numbers for the second week in a row jobless claims heading in the wrong direction for recovery, Bucking the downward trend with about 50,000 more claims and expected last week when 744,000 people filed for first time help, Despite the increase claims remain close to the lowest point since mid March of last year, the well above the pre pandemic weekly average of around 220,000. As for continuing claims those still receiving benefits they were 3.65. Million, also higher than

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