Weekly jobless claims stood at 419,000, adjusted for seasonal swings, according to the Labor Department, climbing by more than 50,000 and exceeding economists' expectations. The disappointing figure is the highest claims level since mid-May. Last week was also the survey week for the government's jobs report, making the timing of the data disappointment even more notable.Stripping out the seasonal adjustments, the increase from the prior week is smaller — but it's still an uptick.
"Jobless claims data has been notoriously noisy during the pandemic as millions of workers lost their jobs and fraudulent benefit applications distorted numbers. Last week's figures could also suffer from adjustment issues because of the timing of car makers' annual retooling shutdowns, said Ian Shepherdson, chief economist at Pantheon MacroeconomicsNevertheless, the quickly spreading Delta variant and its effect on the economy's recovery is the worry of the moment.
Restore unemployment taken away by republican governors!
CNN should do some real journalism, investigate the Palosi crime family.
CNN The Federal Government continues to pay the extra unemployment keeps people staying unemployed. The Federal Government needs to stop that. Get off your ass and get back to work.
Pay employees more
Ohhh my… SHOCKER…
..what? Sleepy Joe said the economy and jobs at back stronger than ever...guess he was wrong..again
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Bullshit
CNN It’s as normal as it’s gonna get with this horrible administration
My name is Ziad and my love Sherry. I follow the Islamic religion and she is Christian. Unfortunately our parents are against our friendship, he and I love each other very much
JoeMyGod FYI
CNN 🇺🇸🇺🇸🇺🇸In America's richest state, California, it is possible to imagine a huge investment of 6 billion. $$ that reflects a mass of extreme poverty reproduced by the peculiar characteristics of the left-wing 'democratic' government.
ethan_whitehair No shit. Why work when you have the government depositing child support into your bank account. I would quit working as well.
And this will be the lead talking point for Republican pundits now. It will be Biden’s fault that unemployment rose.🙄😂
Republican led states like Missouri cut off federal unemployment subsidies-they hate the peons not slaving more than they love 💰 Because Republican elected officials can grub the only 💰 that counts- the 💵 that goes in their own pockets
It always takes a while to bounce back from a Republican president’s economy destruction.
Prove people are lazy and just rather sit on their fat butts and collect unemployment.
“Unexpectedly”? Conservatives could see this train wreck from a mile away.
CNN KrakensSpoon
Viral Suya 🔥that shock the world 😳🔪🐏
CNN
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