770K: #Unemployment claims spike in #COVID19 again @USDOL

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The United States Department Of Labor today has entered its 52nd week of staggering weekly jobless claims during COVID19, which means the large figures haven’t let up this week also, it did however spike up once again by 45,000 to 770,000 from last week’s 725,000, which originally was 712,000 but revised up by 13,000.

As the staggering weekly unemployment claims stay up in the nosebleed 700 level, the insured unemployment rate for the first time in a while increased, but only by 0.1 percent to an even 3 percent staying unchanged from last week, but the actual insured unemployment figure continued downward by 18,000 to 4,124,000, with last week’s 4,144,000 down by 2,000 to 4,142,000.

Daniel Quintanilla

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