New US Weekly Jobless Claims Fall To 751,000

Fahad Shabbir (@FahadShabbir) Published October 29, 2020 | 06:54 PM

New US weekly jobless claims fall to 751,000

New applications for US jobless benefits fell for a second straight week last week, the Labor Department said on Thursday, as the world's largest economy continues to recover from the coronavirus downturn

Washington, (UrduPoint / Pakistan Point News - 29th Oct, 2020 ) :New applications for US jobless benefits fell for a second straight week last week, the Labor Department said on Thursday, as the world's largest economy continues to recover from the coronavirus downturn.

The 751,000 new claims were 40,000 below the previous week's result and the lowest since business shutdowns sent claims spiking in March, indicating a renewed loss of momentum in the unemployment indicator.

Facebook Twitter Reddit Pinterest Whatsapp

Prize Bonds

PSX 100 Index

Currency Rates

Gold Prices

Petrol Prices

Crypto

Recent Stories

Meeting discusses anti-dengue measures

Meeting discusses anti-dengue measures

Photo exhibition 'Imagination of My Story' held

Photo exhibition 'Imagination of My Story' held

World teams invited at International Rescue Challe ..

World teams invited at International Rescue Challenge-2024

LESCO detects 78,238 power pilferers in 230 days

LESCO detects 78,238 power pilferers in 230 days

2600 uplift projects near completion across South ..

2600 uplift projects near completion across South Punjab

Project Director SFERP for early completion of roa ..

Project Director SFERP for early completion of road work before forthcoming mons ..

Spain vows to block BBVA's hostile bid for rival b ..

Spain vows to block BBVA's hostile bid for rival bank

Bank of England holds rate at 16-year high, signal ..

Bank of England holds rate at 16-year high, signals looming cut

London, Frankfurt hit record highs on rate-cut hop ..

London, Frankfurt hit record highs on rate-cut hopes

Entire road work completed before forthcoming mons ..

Entire road work completed before forthcoming monsoon: Kanasaro

Crespo-Kewell Champions League rivalry renewed in ..

Crespo-Kewell Champions League rivalry renewed in Asian final

Bank of England holds rate at 16-year high, signal ..

Bank of England holds rate at 16-year high, signals looming cut