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Just under 1 million people signed up for unemployment last week. Somehow, that’s an improvement.

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Signs are taped to a car during a caravan rally down the Las Vegas Strip in support of extending the $600 unemployment benefit, August 6, 2020 in Las Vegas, Nevada.

The Labor Department said that applications fell to 963,000, the second straight drop, from 1.2 million the previous week. Bridget Bennett/AFP via Getty Images

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Segments From this episode

It's stunning that first-time jobless claims are as high as they are

Diane Swonk, chief economist at the tax and advisory firm Grant Thornton, has more.
    COVID-19

    What constitutes price gouging?

    by Jasmine Garsd Aug 13, 2020
    States prohibit exorbitant price increases for essential goods during an emergency.
    Parenting in a Pandemic

    Families are worried about the costs of online learning, study shows

    by David Brancaccio , Kristin Schwab and Alex Schroeder Aug 13, 2020
    Parents are concerned about what online learning could to do their finances and their career growth.
    Race and Economy

    For Black women, the pay gap persists

    by Erika Beras Aug 13, 2020
    In times of crisis, existing patterns of inequality become more pronounced.

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