US weekly jobless claims hit 1.5 million\, exceeding economist forecasts

US weekly jobless claims hit 1.5 million, exceeding economist forecasts

Business Insider Thursday, 25 June 2020 ()
US weekly jobless claims hit 1.5 million, exceeding economist forecasts· US jobless claims for the week that ended on Saturday totaled 1.5 million, the Labor Department said Thursday. That slightly exceeded the consensus economist estimate of 1.3 million.
· Thursday's report marked the 12th straight week of declining claims. It also brought total filings over a 14-week period to about 47...
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News video: Weekly Jobless Claims Remain Stubbornly High

Weekly Jobless Claims Remain Stubbornly High 02:05

 The number of Americans receiving jobless benefits rang in at near 1.5 million again last week as the coronavirus continues to keep businesses from rehiring.