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home / news releases / SMLL - COVID-19 Recession - Slow Continued Improvement: The iM-Weekly Unemployment Monitor: Update 9/17/2020


SMLL - COVID-19 Recession - Slow Continued Improvement: The iM-Weekly Unemployment Monitor: Update 9/17/2020

Today's DOL Unemployment Insurance Weekly Claims shows an improvement in the insured employment situation.

The non-seasonal adjusted initial claims at 790,021 are down by 75,974 when compared to previous week, Also, the non-seasonal adjusted continuous insured unemployed at 12,321,395 have, for this week, decreased significantly by -1,034,052 over the last week's reported figures.

However, the total persons claiming some form of UI benefit as of August 29 are reported by the DOL as 29,768,326, an increase of 98,456 from last week's upward revised figure.

These figures signal a continued improvement to the return to work

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Stock Information

Company Name: Direxion Daily Small Cap Bull 2X Shares
Stock Symbol: SMLL
Market: NYSE

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