A record amount of Americans are still out of a job, and expanded unemployment benefits are set to expire on July 31.US jobless claims totaled 684,000 last week, a decline from the prior week's revised reading of 781,000.Continuing claims dropped to 3.9 million for the week that ended March 13.The number of Americans filing for unemployment benefits declined last week to the lowest level since the unemployment crisis began one year earlier.
The still-elevated claims data underscores the labor market's slow recovery relative to other corners of the economy. Manufacturing gauges, despite
Nice to hear that, but it's still a long road to recovery ! :(
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People need a little more good news now.