US jobless claim edge lower but remain at historic high

US jobless claim edge lower but remain at historic high

The number of people with jobless claims might have reduced, but the numbers remain at a historic high. As of the week ending 10th October, 8.4 million people remained unemployed, with the unemployment rate being around 7.9%. These numbers don't indicate things would start getting better any time soon, but with the holiday season coming in and people being optimistic about the entire situation, things could change. Read more about the numbers by clicking here

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