“Weekly claims turn higher… jobs crisis inflicts more damage”
July 23, 2020
“The number of Americans who filed for unemployment benefits rose more than expected last week… The Labor Department said Thursday initial jobless claims came in at 1.416 million for the week ending July 18. Economists polled by Dow Jones expected 1.3 million.
It was the 18th straight week in which initial claims totaled more than 1 million, and it snapped a 15-week streak of declining initial claims…”