Unemployment Claims Soar With 965,000 Jobless Claims Filed Last Week

SMS
Unemployment Claims Soar With 965,000 Jobless Claims Filed Last Week
The number of people seeking jobless aid spiked last week to 965,000, the highest since late August.
SHOW TRANSCRIPT

The number of people seeking jobless aid spiked last week to 965,000, the highest since late August. 

Those figures from the labor department were typically around 225,000 pre-pandemic but have been stuck above 700,000 since September. 

The increase in layoffs coincides with a recent surge in COVID deaths, with more than 3,900 reported Wednesday.