Around 1.8 million Americans filed for first-time unemployment last week, continuing downward trend

Around 1.8 million Americans filed for first-time unemployment last week, continuing downward trend

Around 1.8 million Americans filed for first-time jobless benefits last week, hinting that the worst could be over for the labor market. While still a staggering figure, it continues a downward trend for the unemployment claims that have illustrated week by week the devastating impact of the coronavirus pandemic. The jobless claims data, released Thursday […]