Friday September 18, 2020
| Last update: Friday at 1:58 PM

Latest unemployment insurance report shows economic crisis continues

by Masao Suzuki |
Read more articles in

San José, CA - The weekly report on Unemployment Insurance (UI) claims issued on Thursday, September 17 by the U.S. Department of Labor showed that the economy continues to struggle. Seasonally adjusted new claims for regular state unemployment insurance fell by 33,000 to 860,000 for the previous week ending September 12. This number is still about four times the weekly claims number in February, when the recession began. It is also above the high mark for claims before this recession, which dates back to October 1982.

Syndicate content