Buck Bully
New York (CNN Business) Another 1.1 million Americans filed initial claims for unemployment benefits on a seasonally adjusted basis last week, dashing economists’ hopes for a second-straight week with fewer than 1 million claims. Economists were optimistic that the US jobs market would be on a steady trajectory toward recovery. […]
[The New York Times, AP] Here’s what you need to know: 963,000 filed new state unemployment claims last week, but layoffs remained high. State unemployment offices are still struggling, so the jobless struggle, too. In an industry dependent on gathering crowds, no sign of a return to work. Air travel […]
[The Hill] A seasonally adjusted 1.2 million new people applied for unemployment benefits in the week ending Aug. 1, a marked drop from the 1.4 million in the previous two weeks. While this was the 20th week in a row that the Labor Department reported more than 1 million claims […]