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Source: CNBC

First-time claims for unemployment benefits totaled 2.1 million last week, the lowest total since the coronavirus crisis began though indicative that a historically high number of Americans remain separated from their jobs.

The total represented a decrease of 323,000 from the previous week’s upwardly revised 2.438 million.

The insured unemployment rate, which is a basic calculation of those collecting benefits vs. the total labor force, came down sharply to 14.5% from 17.1% the previous week.

Full Story @ CNBC

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By Media Bias Fact Check

Media Bias Fact Check was founded by Dave Van Zandt in 2015. Dave was a Communications major in college and over the years has focused on personal research in media bias and the role of media in politics. Dave is a registered Non-Affiliated voter who values evidence based reporting.

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