Rising U.S. Weekly Jobless Claims, COVID-19 Cases Point To Slowing Economic Recovery

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By Sotuju220 in Business
Updated 3 years ago

The number of Americans filing firsttime claims for jobless benefits increased further last week, suggesting that an explosion in new COVID19 infections and business restrictions were boosting layoffs and undermining the labor market recovery.

rising u.s. weekly jobless claims, covid-19 cases point to slowing economic recovery