Jobless claims, total unemployment level worse than expected
- Weekly jobless claims totaled 1.877 million last week vs. the Dow Jones estimate of 1.775 million.
- Continuing claims rose sharply, hitting nearly 21.5 million in a sign that workers are being called back to work slowly.
WATCH NOWVIDEO01:15Additional 1.877 million people filed unemployment claims in last week of May
Filings for unemployment insurance claims totaled 1.877 million last week in a sign that the worst is over for the coronavirus-related jobs crisis but that the level of unemployment remains stubbornly hi