US unemployment claims slip to still-high 787,000

Posted at 5:40 AM, Jan 07, 2021
and last updated 2021-01-07 10:16:15-05

WASHINGTON (AP) — The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months. Thursday’s figure from the Labor Department, a slight decline from the previous week, showed that many employers are still cutting jobs as the pandemic tightens business restrictions and leads anxious consumers to stay home.