Unemployment Claims Drop, Threatened by Rising Virus Cases

November 12, 2020
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Author: Jonathan Blair

For the week ending November 7, unemployment insurance claims dropped – 709,000 for initial claims and 6.8 million for continued claims. Positive momentum for hiring and the economic recovery, but rising COVID-19 cases put progress in jeopardy until a vaccine is widely available.

Unemployment Claims for Week Ending November 7