Weekly Jobless Claims Fall Below 1 Million For First Time Since March

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The number of new applications for unemployment insurance fell below 1 million last week for the first time since the first wave of coronavirus lockdowns, the Labor Department reported Thursday.

Between August 2 and 8, a seasonally adjusted total of 963,000 Americans filed new claims for jobless benefits, 228,000 fewer claims than the roughly 1.2 million applications from the week before.

Read more at The Hill.

{Matzav.com}

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