According to foreign media reports, the number of new Americans applying for unemployment benefits unexpectedly rose to more than 1 million last week, which is a blow to the struggling U.S. job market affected by the new crown epidemic. In addition, the U.S. stock market may be hitting a new high, but the economy is not out of trouble. According to London, August 20 (Reuters) – the number of people who continue to receive unemployment benefits is slowly decreasing, indicating that some companies are recruiting again, the labor department said on the 20th. And other data show that the recovery from the recession triggered by the epidemic continues, but the pace of recovery is less stable than earlier. In the week ending August 15, initial jobless claims rose to a seasonally adjusted 1.106 million, up from 971000 the previous week, according to the report. Economists surveyed by Reuters had predicted 925000. < p > < p > the previous week was the first time since March that the number of new applicants was less than 1 million, which once made the outside world optimistic that the rate of enterprise layoffs will further slow down. In the 21 weeks of the past 22 weeks, the weekly number of new jobless claims has been above the 1 million mark. According to the Financial Times website on August 20, thanks to the strong performance of the stock prices of some large technology companies, the US stock market rebounded after a low opening on the 20th and rose at the end of the day, although the disappointing unemployment data in the United States failed to reach a new high. The S & P 500 was up 0.3% as of the close, according to the report. Among the five major components of the index, apple, Microsoft, alphabet and Facebook all rose more than 2%. Since March, these technology stocks have provided the impetus for the stock market to rise. By the end of the day, Apple’s market value exceeded $2 trillion for the first time. “This week’s initial jobless claims data are disappointing, despite the impressive downward momentum shown in the previous two weeks,” said Thomas Simmons, an economist at Jeffrey group The US media believe that the US stock market may be setting a new high, but the economy has not yet come out of its predicament. The data released on the 20th clearly show this. First, the U.S. Department of Labor reported that the number of new jobless claims increased by 135000 in the last week to 1.1 million on a seasonally adjusted basis. The increase is disturbing as an additional $600 a week unemployment benefit for the unemployed expires at the end of July. More disturbing, the report points out, is the simple fact that U.S. debt is still far higher than it was after the 2008 financial crisis and at any other time since records began. As Congress and the White House have so far failed to introduce additional stimulus measures, the risk of another slowdown in economic growth is increasing. Also on the 20th, the Philadelphia Federal Reserve Bank said the manufacturing activity index fell from 24.1 in July to 17.2 in August, still in a positive range, indicating expansion. But economists had expected the index to drop slightly to 20.