ADADAnother 760,000 people filed initial claims for Pandemic Unemployment Assistance, a supplemental program created by Congress for self-employed and gig workers. ADThe weekly unemployment insurance data remains an imperfect measurement. ADThe unemployment rate remains the highest it has been since the Great Depression. Since February, nearly 20 million jobs have been lost, and the unemployment rate has risen about 10 percentage points, Powell told a Senate committee this week. Unemployment benefits could also begin to expire for workers after the summer in some states with shorter durations allowed on unemployment insurance.

Source: Washington Post June 18, 2020 12:34 UTC