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Jobless claims hover at 793,000 as Democrats begin writing massive relief legislation

By Tyler Van Dyke
Published February 11, 2021 1:30pm ET
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Jobless claims hover at 793,000 as Democrats begin writing massive relief legislation
The number of new applications for unemployment benefits dropped 19,000 last week to 793,000, the Labor Department reported Thursday, as House committees begin drafting President Biden’s $1.9 trillion coronavirus relief bill. The number of new jobless claims was above forecasters’ expectations of 757,000. Combined with 334,524 Pandemic Unemployment Assistance applications, a program for freelance workers, […]

The number of new applications for unemployment benefits dropped 19,000 last week to 793,000, the Labor Department reported Thursday, as House committees begin drafting President Biden’s $1.9 trillion coronavirus relief bill.

The number of new jobless claims was above forecasters’ expectations of 757,000.

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Tag:

COVID-19 Economics Jobs Recovery Unemployment