Another 1.3m Workers File For Jobless Benefits In US

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Another 1.3m Workers File For Jobless Benefits In US

In this file photo taken on June 19, 2020, hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims in Frankfort, Kentucky. John Sommers II / GETTY IMAGES NORTH AMERICA / AFPA spike in coronavirus cases in the United States has forced some states to again close bars and restaurants, but the longer-term effect on jobs is uncertain, with new claims for unemployment benefits dropping again last week.

But the level remains far higher than any pre-pandemic week. In the same week of 2019, only 211,000 people filed initial claims for jobless benefits. With cases spiking in a number of states including Florida, Texas and California, governors have reimposed some lockdown measures or suspended their reopening protocols.

And the US could suffer a second wave of layoffs as more states see spiking case counts, and once expanded jobless benefits expire. The unemployment rate in June dropped to 11.1 percent as 4.8 million jobs were added, with huge gains in the leisure and hospitality sector, which suffered the biggest blows from COVID-19 restrictions on travel and restaurants.Treasury Secretary Steven Mnuchin acknowledged the new virus “hotspots” in the country on Thursday, but overall offered an upbeat assessment.

 

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