Article

2021-07-02 Economy

Slow Recovery from Covid Rescession Continues

[CNBC] First-time jobless claims totaled 364,000 for the week ended June 26, compared with the 390,000 Dow Jones estimate. That marked a new pandemic-era low and a decline of 51,000 from the previous week...

Despite the drop in weekly claims, the level of continuing claims increased to 3.47 million, up 56,000 from the previous week. However, that data runs a week behind the headline number and likely represents the unexpected upswing in the previous week's count...
The effect of the end of covid unemployment checks in some states won't be felt until about 4 weeks from now.

Posted by Lord Garth 2021-07-02 00:00|| || Front Page|| [9 views ] Top

11:14 badanov
11:12 Procopius2k
11:07 Procopius2k
11:07 Mullah Richard
11:02 Bobby
10:51 Grom the Reflective
10:48 Grom the Reflective
10:40 Frank G
10:35 Super Hose
10:33 Super Hose
10:32 Super Hose
10:31 badanov
10:30 Super Hose
10:29 Besoeker
10:27 Super Hose
10:25 Super Hose
10:24 Super Hose
10:22 Super Hose
10:21 Super Hose
10:09 trailing wife
10:05 M. Murcek
10:04 Jefe101
09:57 Procopius2k
09:56 Beldar+Uneter3543