Jobless claims: Another 1.106 million Americans filed new unemployment claims last week

Since the week ended March 20, about 57.4 million Americans have now filed new unemployment insurance claims.

The number of individuals filing new unemployment insurance claims rose back above 1 million last week, reflecting a still-elevated level of joblessness in the US.

Initial jobless claims, week ended Aug. 15: 1.106 million vs.920,000 expected vs. 971,000 during the prior week

At more than 1.1 million, last week’s total for new claims was well above the pre-pandemic record high of 665,000 from March 2009 during the Global Financial Crisis, and reflected another wave of individuals newly filing for unemployment insurance as the coronavirus pandemic continued to disrupt businesses large and small across the country