COVID-19 danger continues to drive joblessness in US

WASHINGTON — The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage from the coronavirus outbreak. Before the pandemic hit the economy, the number signing up for jobless aid had never exceeded 700,000 in a week, even in the depths of the 2007-2009 Great Recession. The Labor Department also said today that 12.6 million are collecting traditional unemployment benefits, up from 1.7 million a year ago.

Comments are closed.