American jobless claims fall below 800,000 for the first time since mid-March

Pedestrians pass shuttered storefronts on October 15, 2020, as restrictions are imposed due to a COVID-19 infection rate increase in the Far Rockaway neighborhood of the borough of Queens in New York.

Claims for unemployment benefits inched lower last week, the Department of Labor said Thursday. Still millions of Americans continue to rely on government aid to make ends meet.

Last week, 787,000 workers claimed first-time benefits on a seasonally adjusted basis. That's down from the prior week, which was revised significantly lower. Last week marked the first time jobless claims fell below 800,000 since mid-March.

Recommended for you

(0) comments

Welcome to the discussion.

Please log in, or sign up for a new, free account to read or post comments.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.