(Washington, DC) — First-time jobless claims are on the rise. But North Dakota was among a handful of states showing decreases. The Labor Department reported there were about 885-thousand claims made last week. Analysts were expecting that number to be about 810-thousand. The four-week moving average is up to more than 812-thousand. It was about 778-thousand last week. Congress is closing in on a stimulus package that is designed to help some of those suffering because of the damage the coronavirus pandemic has done to the economy. One part of the bill being discussed includes more money for unemployment benefits.
The largest increase in claims for the week ending December 5th were in California, Illinois, Texas, Pennsylvania and New York. The largest decreases were in Louisiana, Kentucky, New Mexico, the Virgin Islands and North Dakota.