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US weekly jobless claims dip to 787,000 as unemployment crisis continues into 2021

Unemployment benefits

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The number of Americans filing for unemployment insurance dipped slightly last week as the coronavirus’s economic fallout dragged the unemployment crisis into the new year.

New US jobless claims totaled an unadjusted 787,000 for the week that ended Saturday, the Labor Department said Thursday. Economists surveyed by Bloomberg expected 800,000 claims. The reading snaps a two-week streak of declines and comes in slightly below the previous week’s revised total of 790,000.

Continuing claims, which track the aggregate total of Americans receiving unemployment benefits, declined to 5.1 million for the week that details ⇒

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