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U.S. Jobless Claims Rise a Second Week in Sign of Growing Risks

July 30, 2020, 1:00 PM

The number of Americans filing for unemployment benefits increased for a second straight week, a sign the economic rebound is increasingly at risk with Congress poised to potentially let supplemental $600 payments expire.

Initial claims through regular state programs rose to 1.43 million in the week ended July 25, up 12,000 from the prior week, a Labor Department report showed Thursday. There were 17 million Americans filing for ongoing benefits through those programs in the period ended July 18, up 867,000 from the prior week -- the largest increase since early May.

Read more: Bloomberg’s TOPLive blog on Thursday’s economic ...



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