US weekly jobless claims hit 1.3 million\, less than economist forecasts

US weekly jobless claims hit 1.3 million, less than economist forecasts

Business Insider Thursday, 9 July 2020 ()
US weekly jobless claims hit 1.3 million, less than economist forecasts· US jobless claims for the week that ended Saturday totaled 1.3 million, the Labor Department said Thursday. That came in below the consensus economist estimate of 1.38 million.
· Thursday's report marked the 14th straight week of declining claims. It also brought total filings over a 16-week period to nearly 50 million.
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