New requests for US unemployment aid rose last week to almost 900,000, amid concerns that the labour market’s comeback has stalled as the White House and Democrats continue to clash over a new stimulus deal ahead of the presidential election.
Initial jobless claims increased by 53,000 to 898,000 on a seasonally adjusted basis, the US Department of Labor said on Thursday. Economists had expected 825,000 claims.
There were also 372,891 new unadjusted claims through the federal Pandemic Unemployment Assistance programme, which offers benefits to the self-employed and others who would not qualify for regular unemployment compensation. PUA applications were down from 463,897.
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