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
(AP Photo/Gene J. Puskar, File)
FILE - In this Sept. 2, 2020, file photo, a help wanted sign hangs on the door of a Target store in Uniontown, Pa. The government issues the jobs report Friday, Sept. 4, for August at a time of continuing layoffs and high unemployment.

WASHINGTON (AP) – 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 Thursday that 12.6 million are collecting traditional unemployment benefits, up from 1.7 million a year ago.

 

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