New Unemployment Claims Remain Below 1 Million

States reported that 884,000 U.S. workers filed for new unemployment benefits during the week ending Sept. 5, the first time since March that jobless claims have been below 1 million for two consecutive weeks. The total number of workers continuing to claim unemployment benefits rose to 13.4 million last week after peaking at nearly 25 million in early May. Another 14.6 million people continue to claim unemployment under the newly created Pandemic Unemployment Assistance program providing jobless benefits to workers previously not eligible for unemployment. New applications for unemployment benefits are still well above the pre-pandemic levels of about 200,000 claims per week.
Source: New feed 2