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Unemployment claims fall to 787,000; layoffs still high

WASHINGTON (AP) - The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.With confirmed infections having neared 60,000 in the past week, the highest level since July, many consumers have been unable or reluctant to shop, travel, dine out or congregate in crowds — a trend that has led some employers to keep cutting jobs. Several states, such as Ohio and Idaho, are reporting a record number of hospitalizations from the virus.Thursday’s report from the Labor Department said the number of people who are continuing to receive unemployment benefits tumbled by 1 million to 8.4 million.

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The U.S. has reported more than 420,000 new cases of COVID-19 in the past week, 13 days ahead of the presidential election, when millions of Americans are expected to gather to vote.
WASHINGTON (AP) - The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.With confirmed infections having neared 60,000 in the past week, the highest level since July, many consumers have been unable or reluctant to shop, travel, dine out or congregate in crowds — a trend that has led some employers to keep cutting jobs. Several states, such as Ohio and Idaho, are reporting a record number of hospitalizations from the virus.Thursday’s report from the Labor Department said the number of people who are continuing to receive unemployment benefits tumbled by 1 million to 8.4 million.

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