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Thursday, October 22, 2020  Spokane, Washington  Est. May 19, 1883
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U.S. jobless claims rise to 898,000 with layoffs still high

WASHINGTON – The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession.

Long-term jobless caught in a squeeze that imperils recovery

Millions of Americans in the industries hit hardest by the viral pandemic face a similar plight. Their unemployment has stretched from weeks into months, and it's become painfully unclear when, if ever, their jobs will come back.

Long-term mortgage rates fall; 30-year at 2.86%

U.S. average rates on long-term mortgages fell this week amid signs that the halting economic recovery slowed over the summer. The key 30-year mortgage again marked an all-time low.