Created: August 06, 2020 07:43 AM
WASHINGTON (AP) - Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.
The Labor Department’s report marked the 20th straight week that at least 1 million people have sought jobless aid. Before the pandemic hit hard in March, the number of Americans seeking unemployment checks had never surpassed 700,000 in a week, not even during the Great Recession of 2007-2009.
The new jobless claims were down by 249,000 from the previous week after rising for two straight weeks.
(Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.)
(Copyright 2020 by The Associated Press. All Rights Reserved.)