New US jobless claims increase for second straight week

Washington (AFP) – New filings for US unemployment benefits increased for the second week in a row, according to government data released Thursday, defying analysts’ expectations of a drop as the economy reopens. The Labor Department reported 744,000 new jobless claims, seasonally adjusted, in the week ended April 3, an increase of 16,000 from the previous week’s upwardly-revised level. That was a setback in the otherwise upbeat jobs recovery, and an indication the mass layoffs caused by the Covid-19 pandemic continue to be felt in the world’s largest economy. Another 151,752 applications, not…

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