The claims report also showed that the number of people continuing to collect regular state unemployment benefits in the week ending October 24 decreased by 538,000 to 7.29 million.
Meanwhile, the recipients of Pandemic Emergency Unemployment Compensation, a federal program that provides an additional 13 weeks of benefits for those who exhaust regular state benefits, rose by 277,564 to reach 3.96 million in the week ending October 17.
The total number of people claiming benefits in all programs -- state and federal combined -- for the week ending October 17 declined by 1.15 million yet remained elevated at 21.5 million, indicating the pandemic's severe disruption to the labour market.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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