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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Inflation jumps to its highest level in three years

Close-up on a woman shopping at a convenience store and checking her receipt while exiting. (Hispanolistic.Getty) (NEW YORK) — Inflation rose for a second consecutive month as the U.S.-Israeli war with Iran continued to send gasoline prices