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Initial Unemployment Claims Fall Again, Remain High

This morning, the Labor Department released an incrementally improved report on initial jobless claims. The number of Americans filing fell for the third

Jul 31, 2020
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This morning, the Labor Department released an incrementally improved reporton initial jobless claims. The number of Americans filing fell for the third straight week to 444,000, down from 451,000 the week before.
Calculated Risk poststhe graph that makes it clear why this is not exactly a cause for celebration: Unemployment claims remain very high, and the drop in claims has stalled out. For the general employment picture to improve, that number needs to start falling.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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