Jobless claims fall slightly to 1.51 million in mid-June, but U.S. layoffs still elevated
June 18, 2020 at 08:40 AM EDT
Nearly 1.51 million people applied for traditional jobless benefits in mid-June as the historic pace of layoffs slowed for the 10th straight week, but the still-high number of people seeking financial aid suggests that a second wave of layoffs may be crashing over the economy.