Workers filed another 2.4 million unemployment claims last week, a slight drop-off in the wave of historically high weekly filings since the economic fallout from the coronavirus pandemic began. Weekly claims continued to log in at high levels, though they are down since an initial surge in layoffs drove claims to a peak of nearly 7 million at the end of March, according to Thursday’s Labor Department report. Meanwhile,...
Source: Wall Street Journal May 21, 2020 09:31 UTC