US News

New Unemployment Claims Increase to 870,000, Exceed Expectations

The number of Americans filing new unemployment claims increased to 870,000 last week as the economy continues to suffer the effects of the ongoing coronavirus pandemic, according to the Department of Labor.

The Department of Labor figures released Thursday represented a slight increase of new jobless claims compared to the week ending on Sept. 12, in which there were 860,000 new jobless claims reported and the

Economists surveyed by Dow Jones expected Thursday’s jobless claims number to come in around 850,000, CNBC reported. New jobless claims fell below 1 million in the first week of August, marking the first time the weekly claims were below 1 million since March.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org

Thomas Catenacci

Share
Published by
Thomas Catenacci

Recent Posts

Trump Admin Walks Back Biden Rule ‘Smothering’ Alaskan Oil

President Donald Trump’s administration is moving to repeal a Biden-era rule that restricted oil drilling…

7 hours ago

Death By Lies

Legacy Media credibility (CNN, MSNBC, ABC, CBS, PBS, NPR, NY Times, WAPO, etc) are in…

7 hours ago

Fed must avoid another mistake. Cut interest rates now

Much of the economic data for the last three months has been positive. The jobs…

7 hours ago

Colorado Terrorist Suspect An Illegal Migrant Who Scored Visa Under Biden Admin, Feds Say

The suspect arrested in connection with a terrorist attack in Boulder, Colorado, on Sunday is…

7 hours ago

Same as It Ever Was

In their upside down, Alice-in-Wonderland version of reality, the left has a point when they…

7 hours ago

Medal of Honor Monday: Army Tech. Sgt. Yeiki Kobashigawa

When Army Tech. Sgt. Yeiki Kobashigawa encountered enemy machine gun nests in Italy during World…

7 hours ago