Jobless Claims Are Starting To Level Off, Even As Some States Shut Down Again

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1.3 million workers filed for unemployment last week, down slightly from 1.4 million the week before.

Another 1.3 million workers filed for unemployment during the week ending July 4; even though jobless numbers remain astronomically high, and even as some cities and states take steps to shut down their economies again as the coronavirus surges, claims are beginning to level off from week to week.re-opening following restrictions imposed to curb the coronavirus pandemic on June 30, 2020.Last week’s 1.

3 million claims are down slightly from the 1.4 million claims filed during the week ending June 27. Before the coronavirus crisis, the previous record for weekly claims was just under 700,000 in 1982.In June, the United States added 4.8 million jobs and the unemployment rate fell to 11.1% from 13.3% in May after peaking at 14.7% in April. "Any state that is having a serious problem, that state should seriously look at shutting down,” Dr.

 

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