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US Weekly Jobless Claims Spike To 898,000

2020-10-15 366 Dailymotion

The Labor Department has reported that US jobless claims for the week that ended Saturday totaled 898,000.<br />The numbers came in above the consensus economist estimate of 825,000.<br />According to Business Insider, the reading also marks an increase from the previous week's revised figure.<br />Continuing claims, which track ongoing unemployment benefits, fell to 10 million for the week of October 3.<br />The ongoing benefits numbers came in lower than what economists had forecast.<br />There have been approximately 65 million unemployment-insurance filings since early February.

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