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Weekly Unemployment Claims Increase For The First Time Since March To 1.4 Million

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The Department of Labor reported Thursday that over 1.4 million Americans filed additional claims for unemployment last week, marking the first weekly increase in…
The Department of Labor reported Thursday that over 1.4 million Americans filed additional claims for unemployment last week, marking the first weekly increase in new claims since March.
The number of Americans filing for unemployment had been declining each week before mid-July, but the Thursday report marks the 18th week in a row that unemployment claims have been above one million, CNBC reported.
Total new jobless claims for the week ending July 18 rose by 109,000 from the previous, according to the Bureau of Labor Statistics release.

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