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860,000 Americans filed for unemployment benefits last week

Jobless claims report Thursday could hit 7 million or higher
Posted at 6:14 AM, Sep 17, 2020

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