US Weekly Jobless Claims Down 2% In Unexpected Reprieve From COVID-19 - Labor Dept.

WASHINGTON (Pakistan Point News / Sputnik - 31st December, 2020) Some 787,000 Americans filed for jobless benefits last week, about 2 percent lower than the previous week, Labor Department data showed on Thursday, as the US job market experienced a reprieve from the coronavirus pandemic for a second straight week.

"In the week ending December 26, the advance figure for seasonally adjusted initial claims was 787,000," the department said in a news release. It raised�claims in the previous week to December 19 to 803,000 from 806,000. That brought the latest week's claims down by 19,000, or 2 percent.