Business

Jobless claims rise to 1.4M after weeks of declines

By Jay Heflin
Published July 23, 2020 12:32pm ET
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Jobless claims rise to 1.4M after weeks of declines
The number of new jobless claims last week was 1.4 million, the Labor Department reported Thursday, which is higher than the prior week’s claims of 1.3 million. Thursday’s report marked the first weekly increase in jobless claims since the end of March, when new applications peaked at 6.9 million, a troubling sign of danger for […]

The number of new jobless claims last week was 1.4 million, the Labor Department reported Thursday, which is higher than the prior week’s claims of 1.3 million.

Thursday’s report marked the first weekly increase in jobless claims since the end of March, when new applications peaked at 6.9 million, a troubling sign of danger for the economic recovery.

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Unemployment