Another 709,000 Americans applied for unemployment benefits last week as the labor market continued a slow recovery threatened by a dangerous new wave of coronavirus infections, the feds said Thursday.
The latest initial jobless claims brought the number filed during the COVID-19 pandemic to a seasonally adjusted total of more than 67.4 million — a figure larger than the population of the United Kingdom, the US Department of Labor data show.
The fourth straight weekly decline in new filings came as the US grappled with a record-setting spike in virus cases that’s led some parts of the country to consider new restrictions on businesses like those that sent unemployment to record levels in the spring.
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{Matzav.com}
