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While remaining high, weekly unemployment claims dip

New unemployment claims this week dropped to 409,000 according to the latest Department of Labor report , but that’s still too high to allow any serious progress in reducing the unemployment rate. The four-week average of 439,000 is the highest since November of last year.

Jul 31, 2020
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New unemployment claims this week dropped to 409,000 according to the latest Department of Labor report, but that’s still too high to allow any serious progress in reducing the unemployment rate. The four-week average of 439,000 is the highest since November of last year.
Dexter Cooke

Dexter Cooke

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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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