712K Filed Unemployment Claims Last Week

THE LABOR DEPT. REPORTS 712K NEW CLAIMS FOR UNEMPLOYMENT BENEFITS WERE FILED THE WEEK OF THANKSGIVING (ON A SEASONALLY ADJUSTED BASIS)

(CNN) – The government reports 712,000 new claims for unemployment benefits were filed the week of Thanksgiving, on a seasonally adjusted basis.

More than 288,000 workers filed for benefits under the pandemic unemployment assistance program, which gives aid for workers like the self-employed and contractors.

Continued jobless claims stood at 5.5 million down from 6.1 million in the previous week.

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