Published 8:46 AM EDT Jul 23, 2020
The number of Americans filing jobless claims rose for the first time since March, showing the need for aid isn’t waning even as the extra $600 that bolstered weekly checks during the pandemic comes to an end.
1.4 million more Americans filed for unemployment benefits for the first time as the coronavirus surges throughout many states, and recently reopened businesses shut their doors to slow the virus’s spread.
The uptick ended a 15-week stretch in which initial weekly claims steadily declined. In little more than four months, a staggering 52.7 million have sought unemployment aid for the first time.
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