Christopher S. Rugaber
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U.S. jobless claims jump to 853,000, the most since September, amid resurgence of coronavirus

U.S. jobless claims jump to 853,000, the most since September, amid resurgence of coronavirus

By | The Associated PressWASHINGTON — The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that companies are cutting more jobs as new virus cases spiral higher.The Labor Department said Thursday that the number of applications increased from 716,000 the previous week. Before the coronavirus paralyzed the economy in March, weekly jobless claims typically numbered only about 225,000.The latest figures coincide with a surging viral outbreak that appears to be weakening the job market and the economy and threatening to derail any...

December 10, 2020
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