U.S. weekly jobless claims fall marginally ...Middle East

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U.S. weekly jobless claims fall marginally
source : Yahoo ( Middle East ) () 24
The number of Americans filing new claims for unemployment benefits fell slightly last week, but remained extraordinarily high amid signs that the economic recovery was losing steam as the COVID-19 pandemic intensifies and fiscal stimulus ends. Initial claims for state unemployment benefits totaled a seasonally adjusted 751,000 for the week ended Oct. 31, compared to 758,000 in the prior week, the Labor Department said on Thursday. Democrat Joe Biden edged closer to victory on Thursday, while President Donald Trump alleged fraud without providing evidence, filing lawsuits and calling for recounts in a race yet to be decided two days after polls closed.

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