Jobless Claims Jump Back Above 1 Million
After a brief dip below the million mark the week before, the number of Americans filing for unemployment claims rose to 1.1 million last week. The unemployment rate currently sits at 10.2 percent; by comparison, in January 2020, it was 3.6 percent. The largest increases in initial claims for the week ending Aug. 8 were in Nevada (4,028), Puerto Rico (3,601), Kansas (2,248), Hawaii (247) and South Dakota (198), while the largest decreases were in New York (21,366), California (19,534), Florida (16,702), Georgia (11,596) and Virginia (10,653).
In Florida, 66,322 people are currently unemployed. Today, the state passed the 10,000-death milestone from the Covid-19 pandemic.