Some 1.48 million Americans applied for unemployment benefits last week as the labor market struggled to recover from the coronavirus pandemic, new data show.
The latest figure from the US Department of Labor brought the number of workers sidelined by the crisis to more than 47 million even as the weekly total continued its steady decline since late March.
The number of people filing continuing claims for benefits also dropped to roughly 19.5 million in the week ending June 13, the feds said Thursday. But that figure has essentially plateaued even as much of the US eased coronavirus lockdowns that sparked massive layoffs in the spring.
Economists expected 1.3 million initial filings last week as reopened businesses grappled with low demand amid the pandemic. The US is also grappling with a resurgence in the virus, which could potentially cause lockdowns to resume.
With Post wires