Actions

Number of people seeking unemployment fell to a still-high 787,000 last week

Unemployment Benefits
Posted at 6:42 AM, Jan 07, 2021
and last updated 2021-01-07 10:59:07-05

WASHINGTON — 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.