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World

New US jobless benefit claims drop to 1mn in latest week

  • The US has seen tens of millions of layoffs since mid-March when businesses shut down to stop the coronavirus, though the initial wave has decreased since its peak later that month.
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WASHINGTON: One million people in the United States made new claims for jobless benefits in the week ended August 22, the Labor Department said on Thursday, a slight improvement from the week prior.

The result was in line with expectations and a decrease of about 100,000 claims from the prior week, however the number of people filing under a special program providing benefits to workers normally ineligible increased by about 82,000 to 607,806 in the latest week.

The US has seen tens of millions of layoffs since mid-March when businesses shut down to stop the coronavirus, though the initial wave has decreased since its peak later that month.

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