419K: #COVID19 #unemployment claims continue lows despite uptick ~ @USDOL

Courtesy: Daniel Quintanilla

The United States Department Of Labor continues to boast the low amount of unemployment claims filed in the COVID19 pandemic in spite of a 51,000 increase which is a back and forth between losing a job, finding a job, or renewing unemployment benefits, 419,000 was this week’s figure from last week’s 368,000 which saw an 8,000 claim revision from 360,000.

At the very least, there was no change, nor revision needed with the insured unemployment rate that stayed at 2.4 percent this week and last, and yet again, the figure of those on insured employment saw another new low since March 21, 2020 when the figure was 3,094,000 pre-pandemic, the new low in COVID19 for now is 3,236,000 with last week’s 3,241,000 revised up 24,000 to 3,265,000 as more people are back out on the job.

Daniel Quintanilla

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