The number of first-unemployment-benefit filers fell to the lowest level in the pandemic as it declined for a second straight week. The jobless claims came in at 751,000 which was down 40,000 from the last week. The initial speculated jobless claims for the week was presumed to be 778,000. This comes on the brink of a ride in COVID infections as the assumed blowback would an increased in the jobless claims. To further on this trend the continuing jobless claims dropped 709,000 to 7.75 million. All of this data comes as law makers continue to delay the next round of stimulus for the economy. Maybe the election will have an impact on what is going to happen?
https://www.cnbc.com/2020/10/29/weekly-jobless-claims.html
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