Initial jobless claims for the week ending Nov. 28 dipped to 712,000, down 75,000 from the previous week’s revised level even as states renewed lockdown measures amid a second wave of the coronavirus pandemic. New claims the previous week were revised up by 9,000 to 787,000.
According to the latest weekly Bureau of Labor Statistics report released on Thursday (Dec. 3), the total number of people claiming benefits in all programs for the week ending Nov. 14 was 20.2 million, down 349,633 from the previous week. Comparatively, a comparable week in 2019 had fewer than 1.6 million claims.
