WASHINGTON (AP) — The number of laid-off workers applying for unemployment aid fell below 1 million last week for the first time since the pandemic intensified five months ago, yet still remains at a high level. The viral pandemic keeps forcing layoffs just as the expiration of a $600-a-week federal jobless benefit has deepened the hardships for many. The Labor Department said applications fell to 963,000, the second straight drop, from 1.2 million the previous week. The decline suggests that layoffs are slowing, though last week’s figure still exceeds the pre-pandemic record of just under 700,000.
ASSOCIATED PRESS
FILE - In this June 25, 2020, file photo, a price sign is displayed at a retail store as a store employee wears a mask while working in Niles, Ill. The number of laid-off workers applying for unemployment aid fell below 1 million last week for the first time since the pandemic intensified five months ago, yet still remains at a high level. (AP Photo/Nam Y. Huh, File)
Posted at 4:00 AM, Aug 13, 2020
and last updated 2020-08-13 12:55:49-04
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