Weekly unemployment filings tick up to 898,000 last week

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courtneyk/iStockBy CATHERINE THORBECKE, ABC News

(WASHINGTON) — The Labor Department said Thursday that another 898,000 people filed jobless claims last week, highlighting how new layoffs are persisting at historical highs more than six months since the start of the COVID-19 pandemic.

Last week’s initial unemployment claims tally also shows a concerning spike of more than 53,000 compared to the previous week’s revised figure.

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Dow falls 1,000 points as Iran War escalates

Photo of Wall Street (Matteo Colombo/Getty Images) (NEW YORK) — The Dow Jones Industrial Average plunged more than 1,000 points in early trading on Tuesday as the ongoing U.S.-Israeli war with Iran prompted a major selloff. The

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Stocks slide after Iran attack

An ATACM long-range missile is fired towards Iran from an undisclosed location, Feb. 28, 2026. (U.S. Central Command) (NEW YORK) — Stocks slid on Monday morning in the first trading session after the U.S.-Israeli attack on Iran over the