U.S. Initial Jobless Claims Steady at 1.5 Million in Latest Week

https://www.wsj.com/articles/unemployment-benefits-weekly-jobless-claims-coronavirus-11593044266?mod=hp_lead_pos3&mod=hp_lead_pos1

The number of workers seeking jobless benefits has held steady at about 1.5 million each week so far in June, signaling a slow recovery for the U.S. economy as states face new infections that could impede hiring and consumer spending.

Applications for unemployment benefits were slightly below 1.5 million last week, at 1.48 million the Labor Department reported Thursday. While weekly totals have gradually eased from a late March peak of nearly 7 million, they also remain well above the prepandemic record of 695,000 in 1982….

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