Another 1.3 million Americans filed first-time unemployment claims last week
Weekly first-time unemployment applications have been on the decline for more than three months since their peak in the last week of March
FILE PHOTO: People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fort Smith, Arkansas, US April 6, 2020. REUTERS/Nick Oxford
Another 1.3 million people filed first-time jobless claims last week in the US, according to the Department of Labor.
The number is down 10,000 from the prior week's revised level, reports the CNN.
Weekly first-time unemployment applications have been on the decline for more than three months since their peak in the last week of March.
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Continued claims, which count workers who have filed claims for at least two weeks in a row, stood at 17.3 million for the week ending July 4, down 422,000 from the prior week. These claims peaked in May at nearly 25 million.
