Nearly 1.5 Million Americans File New Claims for Jobless Benefits
From The Hill:
Nearly 1.5 million U.S. workers filed new applications for unemployment benefits in the third week of June despite easing coronavirus-related restrictions, according to data released Thursday by the Labor Department.
In the week ending June 20, the seasonally adjusted number of initial claims for unemployment insurance totaled 1,480,000, a decrease of 60,000 from the previous week’s revised level of 1,540,000 claims.
Another 728,120 U.S. workers filed claims for benefits under the Pandemic Unemployment Assistance program, which was designed to cover those who do not have jobs but don’t qualify for standard unemployment insurance. Roughly 1.6 million new claims for unemployment benefits have been filed on average in the past four weeks when not including the pandemic program.