Jobless claims increase to 898,000, a sign the recovery could be stalling

Jobless claims rose for the first time in weeks, as the coronavirus pandemic continues to weigh on the labor market with tens of millions of workers out of work. Extra federal unemployment benefits expired for many in July, and it’s increasingly unlikely Congress will reach a deal before the presidential election.
Read more: https://www.washingtonpost.com/business/2020/10/15/jobless-claims-increased-898000-sign-recovery-could-be-stalling/?source=Snapzu