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Jobless claims fall to 1.5 million last week as economy struggles to regain footing

By Jay Heflin
Published June 11, 2020 12:30pm ET
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Jobless claims fall to 1.5 million last week as economy struggles to regain footing
The number of new jobless claims last week was 1.5 million, the Labor Department reported on Thursday. Economists had predicted that 1.6 million people would claim unemployment benefits. An additional 700,000 people filed for benefits through Pandemic Unemployment Assistance, a special category of eligibility for self-employed workers or people seeking part-time work created by Congress […]

The number of new jobless claims last week was 1.5 million, the Labor Department reported on Thursday.

Economists had predicted that 1.6 million people would claim unemployment benefits.

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COVID-19 Jerome Powell Unemployment