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U.S. Unemployment Claims Rise as Coronavirus Weighs on Economy

U.S. Unemployment Claims Rise as Coronavirus Weighs on Economy

Skip to Main ContentSkip to Searchhttps://www.wsj.com/articles/weekly-jobless-claims-coronavirus-01-14-2021-11610573648ByandWorker filings for initial jobless claims jumped to nearly one million last week, indicating rising layoffs amid at the start of the year.The number of applications for unemployment benefits, a proxy for layoffs, , the Labor Department said Thursday. That put initial jobless claims at their highest level since mid-August and well above the roughly 800,000 a week they have averaged in recent months.The increase is another sign that the economic recovery is sputtering,...

January 14, 2021
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