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COVID economy: California unemployment claims jump — fourth straight week

Shiloh

Editor, Senior Moderator
Source: https://www.mercurynews.com/2021/08...rnia-unemployment-claims-jump-four-weeks-edd/

COVID economy: California unemployment claims jump — fourth straight week
Jobless claims worsen statewide, soar far above the normal level
By George Avalos | Bay Area News Group
PUBLISHED: August 19, 2021 at 7:23 a.m. | UPDATED: August 19, 2021 at 3:41 p.m.

Initial unemployment claims in California jumped last week and are now far above typical levels, raising uncertainty about the extent that the statewide economy has recovered from coronavirus-linked maladies.

California workers filed about 68,100 jobless claims last week, up 2,600 from the previous week, the U.S. Labor Department reported Thursday.

Unemployment claims statewide have now increased four consecutive weeks and are at their highest levels in three months.

In contrast to California jobless claims, unemployment filings in the United States fell again and are at their lowest levels since the onset of government-ordered business lockdowns to help combat the spread of the coronavirus.

U.S. workers filed 348,000 initial unemployment claims for the week ending on Aug. 14, a decrease of 29,000 from the week before.

The jobless filings that were posted last week in California are a staggering 52% higher than the last time the statewide economy was deemed to be healthy...
 
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