Unemployment Claims Rise For Second Straight Week

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Initial unemployment claims rose for the second week in a row, coming in at a seasonally adjusted 1.4 million for the week ending July 25.

The 1,434,000 claims was an uptick from the revised 1,422,000 the previous week.

Weekly claims have surpassed an unprecedented 1 million every week since the pandemic took hold in March but had been on a downward trajectory until mid-July, as new COVID-19 outbreaks around the country led some states to reimpose restrictions that have shuttered businesses.

Read more at The Hill.

{Matzav.com}

1 COMMENT

  1. What’s worse, is that not one of my friends invited me up to the Catskills for Shabbos Nachamu. Very sad. Now my Tisha biav will be extended for a whole week. I’ll just have to stay in the hot City with all the rest of the losers.

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