Associated Press

And 13.3 million people are continuing to receive traditional jobless benefits.

The change will allow the central bank to keep interest rates low even if inflation tops its 2% target.

The number of initial claims has exceeded 1 million most weeks since late March.

The figures also point to a persistently unequal recovery.

Both companies had threatened to shut down if a ruling went into effect Friday morning that would have forced them to treat all their drivers as employees.

A rising number of people who have lost jobs say they consider their loss to be permanent.

The iPhone maker reached the $2 trillion milestone in Wednesday’s early stock market trading when its shares surpassed $467.77.

The S&P 500′s milestone caps a furious rally that began in late March

The decline suggests that layoffs are slowing, though last week’s figure is still above the pre-pandemic record of just under 700,000.

Harris is making history as the first Black woman to compete on a major party's presidential ticket.