WORLD New US jobless claims nearly flat at 1.3 mn

WORLD

New US jobless claims nearly flat at 1.3 mn

AFP

20:44, July 16, 2020

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File photo: Agencies

New claims for US unemployment benefits were at 1.3 million last week, barely changed from a week prior as the world's largest economy faces a renewed assault by the coronavirus.

An additional 928,488 people in 47 states made initial claims for benefits under a special program for workers affected by the pandemic. However, in the week ended July 4 the insured unemployment rate dropped 0.3 points to 11.9 percent -- meaning some people may have returned to work.

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