Business, Jobless Claims Fall To 751, 000 İn Last Report Before Election - Cnn

Business, Jobless Claims Fall To 751

Jobless claims fall to 751,000 in last report before election

Some 751,000 Americans filed first-time unemployment benefits last week, the Department of Labor says. That's down 40,000 from the prior week.

10/29/2020 3:54:00 PM

Some 751,000 Americans filed first-time unemployment benefits last week, the Department of Labor says. That's down 40,000 from the prior week.

Some 751,000 Americans filed first-time unemployment benefits last week, the Department of Labor said Thursday in its last report before the presidential election.

That's down 40,000 from the prior week, which was revised slightly higher. These figures reflect seasonal adjustments.Unemployment claims have been drifting downward in recent months, but they remain far higher than they were prior to the pandemic. Just under 360,000 people filed initial claims under the Pandemic Unemployment Assistance program, which Congress created as part of its $2 trillion coronavirus relief package to provide assistance to those not typically eligible for benefits, such as gig workers and the self-employed. That's up nearly 15,000 from the week before.Related: Are you struggling financially because of coronavirus?Read MoreTogether, initial applications for benefits stood at about 1.1 million last week without seasonal adjustments.Continued jobless claims -- which count people who have applied for benefits for at least two weeks in a row -- stood at 7.8 million, down 709,000 from the prior week's revised level, on a seasonally adjusted basis.Workers exhausting regular benefitsThe declining figures, however, are not necessarily a good sign. Long-term unemployment is surging as the national recovery softens. A growing number of people have been unable to find new jobs and are exhausting the regular state benefits, which typically last 26 weeks. They are shifting to an extended federal safety net, primarily the Pandemic Emergency Unemployment Compensation program, which Congress also created in March to provide the jobless with an additional 13 weeks of benefits. .presidential-returns { width:100%; display:block; margin:0 auto 20px; color:#595959; line-height:21px; border:1px solid #ccc; } .presidential-returns a { color: #262626; font-family: CNN Business,CNN,Helvetica Neue,Helvetica,Arial,Utkal,sans-serif; -webkit-font-feature-settings:"kern"; font-feature-settings:"kern"; text-rendering: optimizeLegibility; transition: color .2s; } .presidential-returns a:hover { color: #00c59e; } .presidential-returns p { padding:14px 10px; margin:0px; font-weight:300; } .presidential-returns span { font-weight: 800; font-size: 16px; line-height: 20px; } @media screen and (min-width: 640px) { .presidential-returns { float:left; display:block; width:50%; max-width: 300px; margin:10px 30px 30px 0; } } INTERACTIVE: Track America's recovery — from your job to your investments

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Fake news fake news again and again! Update: 228,000 DEAD SO FAR WITH NEW SURGE ARISING. 751,000 NEW UNEMPLOYMENT REQUESTS Thanks to jobs created by our Awesome President!!!! PLEASE VOTE FOR BIDEN.............. I'M SCARED ..... THEY WILL BURN ALL OUR HOUSES DOWN Too bad Borg queen Nancy chose to hold the nation hostage with her bill filled with poison pills; just like the last time. She's too busy sitting by her $25K freezer cackling about ice cream. How many days did the House sit this yr? Proved how redundant Dem/Lib/Socialist Party is

Fake news media never care about human traffickers! Spreading 95% of fake news of Trump and 65% of good made up news for JoeBiden If reelected, Trump vows to permanently repeal the FICA tax -- the federal payroll tax which funds both Social Security and Medicare. That tax is the 'security' of Social Security, and without it, the program will die a quick death. Spread hashtag TrumpWillKillSocialSecurity

Not according to Epoch Times! The Department of Commerce announced Thursday that U.S. economic output in the third quarter grew by 33.1 percent, the largest expansion on record, after falling by 31.4 percent in the second quarter, the largest shrinkage on record. Tucker exclusive: Tony Bobulinski, ex-Hunter Biden associate, speaks out... via YouTube

coming back...no more lockdowns...they don't work. Great; now we're running out of jobs to even lose... Largest GDP growth ever! Better than expected! The Trump2020 National Debt, Jobs and COVID-19 Scorecard with (5) days left before Election: Complete Scorecard in attached Blog VoteHimOut2020 TrumpTheSuperSpreader

Latest first-time jobless claims total 751,000, in last employment snapshot before Election DayNEW: 751,000 Americans filed for first-time jobless benefits last week; weekly totals have remained at historically high levels as small businesses and large corporations shed staff amid the coronavirus pandemic. Nice try H-CoV-19 (H-COV-NINETEEN) He In Covenent COVID-19 (COVID-NINETEEN) Incentive Done CORONAVIRUS (BULLSHIT) Carnivorous REACT-2 (REACT-TWO) CET To War 2019-NCOV (TWO THOUSAND AND NINETEEN-N COV) O, Want To End Naive? Contend Shun. Clock is ticking British... If Democrat mayors and governors would take their foot off of peoples necks these numbers would turn around. So sad to see the deliberate election year distraction of their own economy they were elected to lead.

Last Report Card On U.S. Economy Before Elections Will Be A BlockbusterThe Commerce Department is expected to report record-setting GDP growth on Thursday. But that won't be enough to repair all the damage done during the collapse three months earlier. And with coronavirus cases surging again, growth will likely slow. The US is a whole lot richer because of trade with Europe, regardless of whether EU is friend or ‘foe’. Good Morning Mr. President TODAY’S US COVID19 DEATHS is 232,101 You can IGNORE the DAILY Moms, Dads & Kids Body Counts caused by YOUR INCOMPETENCE in directing the world’s most powerful Government’s Crisis Response! Sadly they are gone & can no longer speak out... However WE CAN NPR is forced to maintain the dark cloud it has built, rather than admitting its mistake and promoting optimism.

Pelosi signals no stimulus deal before electionSpeaker Pelosi says a Covid-19 relief deal is not coming before Election Day; blames White House for failing 'miserably.' kasie reports the latest. kasie Well even CNN admits it's Pelosi who won't take yes for an answer but ok Kasie. kasie TonyBobulinski isn’t going away. Tik tok Buy-den crime family tik tok kasie it's important to not have a deal before the election. Americans must suffer as much as possible so that they hopefully vote for Biden. It's the only chance we have at taking back the White House - maximum punishment!

Consumer confidence falls in U.S. swing states ahead of presidential electionConsumer confidence dropped sharply in October in three U.S. states considered crucial for Republican President Donald Trump's re-election as fears about the economy's outlook mounted, according to a survey on Tuesday. What is there to be confident about? We have a raging pandemic, a buffoon as president, and no end in sight. Care to comment on this breaking news story? Everybody’s terrified Democrats might win. Trying to preserve resources.

Consumer confidence falls in U.S. swing states ahead of presidential electionConsumer confidence dropped sharply in October in three U.S. states considered crucial for Republican President Donald Trump's re-election as fears about the economy's outlook mounted, according to a survey on Tuesday. Maybe because they think Biden is gonna win and increase their taxes?💁🏼‍♂️ You've just got to use a photo with female skin exposed, don't you, even though it's autumn. Sexist click-bait. Fake News by Antifa & Democrats Dodgers

TikTok Will Limit And Label Videos Prematurely Claiming Victory On Election DayThe video-sharing platform will work with the Associated Press to label content with unverifiable claims about the election. It should be banned permanently in all countries. Rubbish contents. TikTok In other words, censorship. Gotcha. Big Tech loves getting involved in the Democratic process. We thank you!