1.3 Million Workers File for New Unemployment Benefits

At more than 1 million per week, new jobless claims remain historically high

Roy Maurer By Roy Maurer July 9, 2020
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​States reported that 1.3 million U.S. workers filed for new unemployment benefits during the week ending July 4. First-time claims have fallen for 14 straight weeks since hitting a record 6.8 million in late March. The total number of workers continuing to claim unemployment benefits dropped to 18 million last week after peaking at nearly 25 million in early May. Another 14 million people continue to claim unemployment under the newly created Pandemic Unemployment Assistance program providing jobless benefits to workers previously not eligible for unemployment.

The U.S. economy showed positive job gains for the second straight month in June, adding 4.8 million jobs, and the unemployment rate fell to an adjusted 12 percent from 16.4 percent in May. But that reporting was conducted before the most recent surge in coronavirus cases led to business closures in some states.

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