The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total since September, as a resurgence of coronavirus cases threatens the economy’s recovery from its springtime collapse.
The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total since September, as a resurgence of coronavirus cases threatens the economy’s recovery. The Labor Department said Thursday that the number of applications increased from 862,000 the previous week, showing that nine months after the virus paralyzed the economy, many employers are still slashing jobs. With layoffs still elevated and new confirmed viral cases in the U.
