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COVID-19 danger is continuing to drive job losses in the U.S.

The number of Americans applying for unemployment benefits fell last week to 860,000.

The Labor Department said Thursday that 12.6 million are collecting traditional unemployment benefits, compared with 1.7 million a year ago.
The Labor Department said Thursday that 12.6 million are collecting traditional unemployment benefits, compared with 1.7 million a year ago.
Joe Raedle/Getty Images

The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage from the coronavirus outbreak. Before the pandemic hit the economy, the number signing up for jobless aid had never exceeded 700,000 in a week, even in the depths of the 2007-2009 Great Recession.

The Labor Department also said Thursday that 12.6 million are collecting traditional unemployment benefits, compared with 1.7 million a year ago.

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