Spotlight: U.S. jobless claims remain elevated, full recovery years away


  • World
  • Saturday, 18 Jul 2020

WASHINGTON, July 17 (Xinhua) -- The United States has seen 17 straight weeks of initial jobless claims as COVID-19 ravages the economy, and it could take years for the labor market to regain the pre-pandemic levels, analysts said.

In the week ending July 11, the number of Americans filing for new unemployment benefits decreased by 10,000 from the prior week to 1.3 million, the Labor Department reported Thursday.

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