Minnesota Unemployment Drops Beneath 305,000 Claims

New unemployment claims in Minnesota reported for the week ending August 1 continue to dip slightly under the previous week’s numbers.

According to data compiled by the U.S. Department of Labor, Minnesota registered 12,659 new unemployment claims for the week ending August 1, a drop of 2,652 new claims for the week ending July 25, during which the state added 15,311 new claims.

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Minnesota’s New Unemployment Claims Fell Slightly Last Week, Still Hovers Near 324,000 Claims

Although new claims dropped slightly from the previous week, Minnesota’s unemployment remains above 323,000.

New claims fell by 1,789 during the last full week of July, from the previous week’s 17,706 to 15,917. The total number of new claims dropped 5,607 in the time period between July 11 and July 18.

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More Than 1.4 Million Americans File New Unemployment Claims

More than 1.4 million American workers filed new unemployment claims last week, an increase over the previous week as new restrictions are being put in place to slow the spread of COVID-19.

According to the U.S. Department of Labor, 1.43 million workers filed new claims for unemployment benefits in the week ending July 25, up 12,000 from the week ending July 18. It was the second week in a row that new claims increased.

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Minnesota Unemployment in June Rises 3,006 from Prior Week

Minnesota unemployment rose by 3,006 new claims last week, bringing the state’s total number of unemployment claims to 345,575.

The week-over-week unemployment tally in Minnesota rose from 19,362 new claims in the week ending July 4 to 22,368 new claims in the week ending July 11, according to U.S. Department of Labor data.

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Minnesota’s Unemployment Numbers Exhibit Slight Increase

New unemployment claims increased slightly in Minnesota last week, as well as overall total unemployment, running opposite from the falling national trend reported by the U.S. Department of Labor.

The week-over-week numbers reported for Minnesota the week ending July 4 show 19,886 new initial claims, an increase of 513 initial unemployment claims from the previous week’s 19,373 new claims.

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Weekly Jobless Claims Lower Than Expected at 1.3 Million

Jobless claims for the past week were lower than economists had predicted as workers begin returning to their jobs, according to data from the Labor Department shows.

The total number for jobless claims for the week ending in July 4 was 1.3 million, according to the Labor Department data, which is 99,000 fewer claims than the previous week. Economists surveyed by Down Jones had predicted 1.39 million jobless claims, according to CNBC.

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New Claims Fall, but Minnesota Unemployment Rises Above 356,000

Minnesota added 20,157 new unemployment claims in the week ending June 27, according to U.S. Department of Labor data.

That’s a decrease of 350 the previous week’s 20,487 new claims and brings the total number of unemployment claims in the state to 356,775, up 5,003 from the previous week’s 351,722 total number.

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New Claims Fall, but Minnesota Unemployment Rises bove 356,000

Minnesota added 20,157 new unemployment claims in the week ending June 27, according to U.S. Department of Labor data.

That’s a decrease of 350 the previous week’s 20,487 new claims and brings the total number of unemployment claims in the state to 356,775, up 5,003 from the previous week’s 351,722 total number.

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New U.S. Unemployment Claims Drop Below 2 Million, but Total Claims Top 42 Million

The number of new unemployment claims filed last week dropped to 1.88 million, the first time weekly claims didn’t exceed 2 million since mid-March.

Still, the total number of claims filed since government restrictions closed businesses deemed nonessential to slow the spread of COVID-19 surpassed 42 million in the 11 weeks since states began shutting down significant parts of their economy.

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US Job Losses in May Could Raise 3-Month Total to 30 Million

The epic damage to America’s job market from the viral outbreak will come into sharper focus Friday when the government releases the May employment report: Eight million more jobs are estimated to have been lost. Unemployment could near 20%. And potentially fewer than half of all adults may be working.

Beneath the dismal figures will be signs that job cuts, severe as they are, are slowing as more businesses gradually or partially reopen. Still, the economy is mired in a recession, and any rebound in hiring will likely be painfully slow. Economists foresee unemployment remaining in double-digits through the November elections and into 2021.

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Minnesota Sees Another 28,615 People File for Unemployment

Minnesota’s unemployment numbers continue to tick slightly upward, according to U.S. Department of Labor numbers released Thursday morning.

The state added another 28,615 to its unemployment ranks in the week ending May 23, down only 278 claims from the previous week’s 28,893 claims. The total number of claims reported last week is 443,254, up 5,564 from the prior week’s reported 427,690 unemployment claims.

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