jobs

If Congress doesn't compromise and pass another relief bill, a new study finds a staggering number of Americans will lose a critical financial lifeline as the pandemic worsens.

The U.S. Department of Labor estimated Thursday that 28,128 new claims came in last week to Florida, part of 709,000 first-time claims nationally during the week that ended Nov. 7.

The U.S. Department of Labor estimated Thursday that 35,960 initial unemployment claims were filed in Florida during the week that ended Oct. 17, down from 47,904 the prior week and 42,306 during the week that ended Oct. 3.

Florida received an estimated 44,795 first-time unemployment claims during the week that ended Oct. 10, up from 42,306 in the prior week.

Federal Reserve Bank of Atlanta President Raphael Bostic on the need for more economic stimulus from the federal government, the uneven rebound, and a more vocal central bank on race and the economy.

Federal Reserve Bank of Atlanta President Raphael Bostic on the need for more economic stimulus from the federal government, the uneven rebound, and a more vocal central bank on race and the economy.

Meanwhile, the nationwide numbers declined by 9,000.

The American job market went from one of the strongest into a deep recession in a matter of a couple of weeks this spring. Tens of millions of the country’s youngest workers were just getting started.

The Labor Department says U.S. employers added just 661,000 jobs last month, as unemployment fell to 7.9%, showcasing an economic recovery that is losing steam.

The U.S. Department of Labor estimated 35,829 first-time jobless claims were filed in Florida during the week that ended Sept. 19, down from 37,265 the prior week. Nationally, 870,000 initial claims were filed last week, close to the four-week average of 878,250.

The state lost nearly 1.18 million non-agricultural jobs from February to April as the pandemic hit, but it has gained back 631,600, according to the Department of Economic Opportunity.

Fewer jobs were added to the economy last month even as the unemployment rate fell to 8.4%. Job growth has slowed since June in a sign of what could be a long and painful recovery from the recession.