NEW CLAIMS FILED BY AMERICANS FOR UNEMPLOYMENT BENEFITS OBSERVE A RISE

Highlights

• Last week, initial weekly jobless claims came in at 1.434 million
• It was roughly in line with expectations

The Labor Department reported on Thursday that last week the number of Americans who filed new claims for unemployment benefits totaled 1.434 million. It was roughly in line with expectations. It was because the coronavirus pandemic continues to ravage the U.S. eco....