April 20, 2024

Despite Initial Claims Drop, the Total Number of Americans on Jobless Benefits Jumped to Nearly 19 Million

Despite a decline in initial claims for unemployment benefits under state-run programs, the total number of Americans receiving some form of unemployment compensation rose 733,862 to nearly 19 million, data from the Department of Labor showed Thursday. Both new claims and ongoing claims in traditional unemployment programs dropped on a seasonally adjusted basis, according to Thursday’s…

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