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Calculated Risk: Weekly Initial Unemployment Claims decreased to 787,000

The DOL reported: In the week ending December 26, the advance figure for seasonally adjusted initial claims was 787,000, a decrease of 19,000 from the previous week s revised level. The previous week s level was revised up by 3,000 from 803,000 to 806,000. The 4-week moving average was 836,750, an increase of 17,750 from the previous week s revised average. The previous week s average was revised up by 750 from 818,250 to 819,000. emphasis addedThis does not include the 308,262 initial claims for Pandemic Unemployment Assistance (PUA) that was down from 396,948 the previous week. The following graph shows the 4-week moving average of weekly claims since 1971. Click on graph for larger image. The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims increased to 836,750.

Treasury on when you could see $600 stimulus check, who is eligible for more

Treasury on when you could see $600 stimulus check, who is eligible for more What you need to know about next round of checks Published:  Tags:  Stimulus checks. A second, smaller round of stimulus checks are due to most Americans after President Trump signed off on a $900 billion coronavirus relief bill last weekend. This round will be $600 compared to $1,200 earlier this year. A Here’s what we know about the coming payments: Who is eligible for the $600 checks? You need a Social Security number to qualify for a relief check. Individuals earning up to $75,000, and couples earning up to $150,000 will receive the full amount. After that, the amount of the check then decreases by $5 for every $100 of income above those thresholds, phasing out completely at $87,000 for individuals and $174,000 for couples.

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