Thursday morning, the U.S. Labor Department concurrently released the weekly jobless claims data and the monthly jobs report. The unemployment crisis in the U.S. remains a key focal point even as the weekly
In the week ending June 27, an additional 1.427 million Americans filed for unemployment benefits, exceeding consensus expectations for 1.35 million initial jobless claims.
The prior week’s figure was revised slightly higher to 1.482 million from the previously reported 1.480 million.
More than 48 million Americans have filed for unemployment insurance over the past 15 weeks.