6,000+ new unemployment claims filed last week in Tennessee

22 Novembre, 2020, 16:05 | Auteur: Auguste Feret
  • Initial jobless claims rise for first time in over a month

Workers filed 16,837 new, or initial, claims for regular unemployment benefits last week, the state Employment Security Department (ESD) reported Thursday morning.

Businesses in MI continue to worry about the economic impact of COVID-19 restrictions, although data from October shows the state's unemployment rate is down to 5.5 percent.

Most economists expected about 700,000 new claims. Still, it's well below the peak of almost 7 million in late March, when states first implemented lockdown measures to curb the spread of COVID-19.

Americans continued filing for unemployment claims at an elevated level last week, this time at a slightly accelerated pace.

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Claims had soared to 6.9 million in March when the pandemic first intensified. The decline suggests that employers are calling their workers back. There were 1.5 million people claiming benefits during the same time period previous year. Congress created the extra federal benefits earlier this year with the passage of the CARES Act.

The report comes as newly confirmed daily infections in the US have surged 80% over the past two weeks to the highest levels on record.

This is a developing story.

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