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Economy
Weekly unemployment claims better than expected as workers leave jobless rolls
2020-06-12
[CNBC]
  • Unemployment claims totaled 1.5 million last week compared with the 1.6 million Dow Jones estimate and 355,000 fewer than the previous week.

  • Continuing claims, or those collecting benefits for at least two weeks, declined to 20.9 million, 339,000 fewer than the previous week.

  • The total claims number has fallen for 10 straight weeks but remains extremely high on a historical basis.
Posted by:trailing wife

#4  Let's get small!
Posted by: SteveS   2020-06-12 21:42  

#3  The 40 mm people .. are they really small? Cuz the last mushrooms? I think I saw them
Posted by: Frank G   2020-06-12 19:11  

#2  The total claims number has fallen for 10 straight weeks but remains extremely high on a historical basis.

Ah, have you heard, we're having a pandemic?
Posted by: g(r)omgoru   2020-06-12 16:52  

#1  Note the "continuing claims." Although 40 mm people have applied for benefits, only 20 mm are still getting them. The others have most likely gone back to work.
Posted by: Tom   2020-06-12 16:50  

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