Economic Report: Jobless claims surge to 5-month high of 965,000 as winter coronavirus surge hits business

The number of Americans who applied for jobless benefits soared in early January to a five-month high of nearly 1 million as more workers lost their jobs due to business closures and restrictions to combat the winter resurgence of the coronavirus pandemic.

The number of Americans who applied for jobless benefits soared in early January to a five-month high of nearly 1 million as more workers lost their jobs due to business closures and restrictions to combat the winter resurgence of the coronavirus pandemic.Read More