Quantcast

Jobless Claims Fall to 751,000

Number of people who are continuing to receive unemployment benefits fell more than 700,000...

(Headline USA) The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March.

Applications for unemployment aid fell 40,000 from the previous week, the Labor Department said Thursday.

They fell in 30 states, including big drops in California, Florida and Texas.

Claims rose in Arizona, Illinois, and Michigan.

The government said Thursday that the economy expanded at a record 33% annual rate in the July-September quarter.

That’s a sharp rebound after an epic collapse in the spring — when the economy shrank at a 31.4% annual rate — recovering about two-thirds of what was lost to the pandemic.

Thursday’s report from the Labor Department said the number of people who are continuing to receive unemployment benefits fell more than 700,000 to 7.76 million.

The decline shows that some of the unemployed are being recalled to their old jobs or are finding new ones.

Adapted from reporting by Associated Press.

TRENDING NOW

House Reps. Demand Info on Calif. Secretary of State’s $35 Million No-Bid Contract

House Republicans on Thursday demanded that California Secretary of State Alex Padilla disclose details about a "highly questionable" $35 million no-bid contract that he...

Calif. Officials Push Back on Newsom’s New Lockdown Order

California officials are pushing back on Gov. Gavin Newsom's attempt to send the state back into lockdown. Newsom announced new rules that take effect Saturday,...

VIDEO: Raffensperger Says Stacey Abrams-Led Group Sent Voter Info to His Deceased Son

Georgia Secretary of State Brad Raffensperger announced his office is investigating a voter advocacy group founded by failed gubernatorial candidate Stacey Abrams for “repeatedly...

Romney Blasts Trump’s Vote-Fraud Focus During COVID Spike as ‘Great Human Tragedy’

Sen. Mitt Romney, R-Utah, claimed this week that President Donald Trump’s rhetoric about the coronavirus pandemic has been a “great human tragedy.” "This hasn't been...

House Republicans Ask DOJ to Appoint Special Counsel, Investigate Voter Fraud in Georgia

Rep. Mo Brooks, R-Ala., joined by 24 other House Republicans, asked the Justice Department to launch an investigation into alleged voter fraud in Georgia. The...