MNI BRIEF: McConnell Says US Jobless Jump Shows Relief Needed

U.S. Senate Majority Leader Mitch McConnell said a jump in initial jobless claims reported Thursday indicated a need for additional fiscal relief.

"Our economic recovery thus far has been faster than expected," McConnell said on the Senate floor. "But our people need another dose of support as we hope to close out this battle with the virus. We should be doing everything we can to prevent layoffs and create jobs where possible."

McConnell, who controls the schedule of the Senate, anticipated senators would be working late Thursday and may be in session on Friday to finish a defense spending package and pass a stopgap bill, providing an additional week to close out negotiations over year-long government funding and Covid relief.