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Unemployment claims decline for the 26th consecutive week: OESC sees decline in continued and initial claims

OKLAHOMA CITY – The Oklahoma Employment Security Commission (OESC) reports a steady decline in continued unemployment claims with the continued claims four-week moving average dropping for the 26th consecutive week.

Claims for unemployment rise again as virus spread increases

Claims for unemployment rise again as virus spread increases Elise Amendola/AP ATTN: DON KING A booklet describing unemployment benefits is seen on a desk, Thursday, Nov. 5, 2020, in North Andover, Mass. (AP Photo/Elise Amendola) By: The Associated Press and last updated 2020-12-17 10:12:19-05 WASHINGTON — The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery from its springtime collapse. The number of applications increased from 862,000 the previous week. It showed that nine months after the viral pandemic paralyzed the economy, many employers are still slashing jobs as the pandemic forces more business restrictions and leads many consumers to stay home.

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