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WASHINGTON, District of Columbia (AFP) – More people filed new claims for U.S. unemployment insurance benefits last week as the jobs market slowly improves, government data released Thursday showed.

Initial jobless claims rose to 343,000 in the week ending July 20, an increase of 7,000 from the prior week’s upwardly revised 336,000 claims, the Labor Department reported.

Last week’s increase in claims, an indicator of the pace of layoffs, was larger than the 340,000 reading expected on average by analysts.

Analysts noted the weekly claims reporting was being affected by auto plant shutdowns for retooling that were not occurring in their normal fashion this year.

“Unemployment insurance claims have been see-sawing for the past four weeks or so as the Fourth of July holiday and annual shutdowns at auto manufacturing plants make it difficult to seasonally adjust the data,” said Marisa Di Natale of Moody’s Analytics.

Overall, claims were grinding lower. The four-week moving average, which smooths out weekly volatility, fell by 1,250 to 345,250.

Photo Credit: AFP/Justin Sullivan

President Trump boards Air Force One for his return flight home from Florida on July 31, 2020

Official White House Photo by Joyce N. Boghosian

Reprinted with permission from Alternet

Florida senior residents have been reliable Republican voters for decades, but it looks like their political impact could shift in the upcoming 2020 election.

As Election Day approaches, Florida is becoming a major focal point. President Donald Trump is facing more of an uphill battle with maintaining the support of senior voters due to his handling of critical issues over the last several months. Several seniors, including some who voted for Trump in 2016, have explained why he will not receive their support in the November election.

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