U.S. Jobless Claims Rise to 778,000 As Pandemic Worsens

November 25, 2020
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Author: Jonathan Blair

The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.

UI Claims 11.21

The number of people who are continuing to receive traditional unemployment benefits is now 6.1 million, up from fewer than 1.7 million a year ago. Still, that figure had been declining for months. It shows that more Americans are finding jobs and no longer receiving unemployment aid.