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Economic Report: Jobless claims jump unadjusted 4.4 million in mid-May as applications for federal benefits surge

21 May 2020

On an actual or unadjusted basis, more than 4.4 million unemployed Americans applied for jobless benefits last week through the states or a temporary federal-relief program, reflecting persistent pressure on struggling companies to slash payrolls even as the U.S. economy slowly reopens for business.

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