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Weekly jobless claims tick up to 373,000
The Hill ^ | 07/08/2021 | Sylvan Lane

Posted on 07/08/2021 7:52:21 AM PDT by ChicagoConservative27

New weekly applications for jobless benefits rose unexpectedly last week, according to data released Thursday by the Labor Department.

In the week ending July 3, the seasonally adjusted number of initial claims for unemployment insurance totaled 373,000, rising 2,000 above the previous week’s revised total of 371,000.

Another 99,001 people applied for Pandemic Unemployment Assistance (PUA), a program created in March 2020 to expand jobless aid to gig workers, contractors and others who don’t qualify for traditional unemployment benefits. Twenty-six states have pulled out of the program, which expires in September.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: claims; jobless; up; weekly
Unexpectedly! More money needs to be printed!
1 posted on 07/08/2021 7:52:21 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Curious if Joe’s gonna take credit for this. Curious if the media’s gonna give Joe credit for this. Nah not really. I know they won’t. It’s Trump’s fault. Or is it racism?


2 posted on 07/08/2021 8:05:33 AM PDT by Durbin
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To: ChicagoConservative27

Hmm, how is that stock market reacting to Joe’s economy?


3 posted on 07/08/2021 8:07:16 AM PDT by 1Old Pro (Let's make crime illegal again!)
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To: ChicagoConservative27

Cut their freebie checks.


4 posted on 07/08/2021 8:16:46 AM PDT by bgill
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To: ChicagoConservative27

“rose unexpectedly”


5 posted on 07/08/2021 8:36:10 AM PDT by ClearCase_guy
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To: ChicagoConservative27

Stocks took a big dive the last 2 days.


6 posted on 07/08/2021 8:45:40 AM PDT by minnesota_bound (I need more money. )
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