US Jobless Claims tick up to 745,000 as Layoffs Remain High
By PAUL WISEMAN
WASHINGTON (AP) —The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
Get our free mobile app
Thursday’s report from the Labor Department shows that jobless claims rose by 9,000 from the previous week.
Though the pace of layoffs has eased since the year began, they remain high by historical standards.
Before the virus flattened the U.S. economy a year ago, applications for unemployment aid had never topped 700,000 in any week, even during the Great Recession.
All told, 4.3 million Americans are receiving traditional state unemployment benefits.
LOOK: Here are 25 ways you could start saving money today
These money-saving tips—from finding discounts to simple changes to your daily habits—can come in handy whether you have a specific savings goal, want to stash away cash for retirement, or just want to pinch pennies. It’s never too late to be more financially savvy. Read on to learn more about how you can start saving now. [From: 25 ways you could be saving money today]
More From KTEM-AM
