Unemployment claims in US fall but remain higher than before Covid-19
Other reports suggest risks are mounting for the US economy and, despite the latest progress, legislators have failed for months to reach a deal on renewing fiscal stimulus
01 October 2020 - 16:23
Washington DC — Fewer Americans than expected sought unemployment benefits last week, as the slow labor-market recovery grinds on while businesses contend with a pickup in coronavirus cases.
Initial jobless claims in regular state programs decreased by 36,000 to 837,000 in the week ended September 26, labour department figures showed on Thursday. Continuing claims, the total pool of Americans on state benefit rolls, fell to 11.8-million in the week ended September 19...
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