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        <title><![CDATA[US workers file 1.3 million jobless claims as coronavirus total tops 51 million]]></title>
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        <link>https://usagag.com/2020/07/16/us-workers-file-1-3-million-jobless-claims-as-coronavirus-total-tops-51-million/</link>
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            <media:title type="html">US workers file 1.3 million jobless claims as coronavirus total tops 51 million</media:title>
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        <content:encoded><![CDATA[<p>Some 1.3 million Americans applied for unemployment benefits last week as the coronavirus pandemic kept the US job market under pressure, new data show.</p><p>That means workers have submitted more than 51 million initial jobless claims in 17 weeks amid the worst economic crisis since the Great Depression — a number larger than the populations of Texas and Florida combined, according to Thursday&#8217;s US Department of Labor figures.</p><p>New filings continued their stubbornly slow decline last week to reach their lowest point since layoffs spiked in mid-March. But experts say the recent resurgence in coronavirus infections could throw the recovery off course.</p><p>&#8220;The latest data on initial jobless claims will be scrutinized for clues on whether renewed uncertainty is impacting layoffs,&#8221; Bloomberg economist Eliza Winger said in a commentary.</p><p>Continuing jobless claims, which measure sustained unemployment on a one-week lag, also ticked down to 17.3 million in the week ending July 4 but remained well above the pre-pandemic levels of fewer than 2 million.</p><p>While Americans have gone back to work as officials eased lockdowns meant to control the virus, restrictions have returned in states grappling with large spikes in COVID-19 cases such as California, which <strong>shuttered bars and restaurants statewide</strong> again this week.</p><p>Any workers collecting unemployment will have far less money in their wallets after next week, when the $600 boost to weekly benefits provided under the CARES Act is due to run out. Congress will reportedly start debating <strong>another economic rescue package</strong> next week, but it&#8217;s uncertain whether lawmakers will extend the additional jobless payments.</p>]]></content:encoded>
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