Source: Politico

Unemployment claims rose to 1.4 million last week, the Labor Department reported, ending 15 weeks of consecutive declines in new applications.

The increase in the number of workers seeking new aid follows several states delaying their reopening plans and closing some businesses down again as coronavirus cases spike.

The Department of Labor data will likely fuel the urgency in Washington to quickly extend enhanced federal pandemic unemployment benefits set to expire this weekend, as lawmakers debate another economic rescue package.

Full Story @ Politico