Nearly one and a half million Americans lost their jobs last week.
The Department of Labor said that 1.48 million filed claims for unemployment benefits last week, more than expected.
Economists surveyed by Econoday had been expecting 1.38million claims.
This was the 14th consecutive week with initial claims above one million.
Weekly Jobless Claims Remain Stubbornly High at 1.48 Million
Sign of the times by Dain Nielsen is licensed under CC BY-SA 2.0
Sign of the times by Dain Nielsen is licensed under CC BY-SA 2.0
Follow us
Get latest news delivered daily!
We will send you breaking news right to your inbox