It's evidence that the coronavirus keeps forcing companies to slash jobs just as the weekly federal jobless payment has expired.
The rise in weekly jobless claims to 1.4 million underscores the outsize role the unemployment insurance system is playing as a safety net.
More than 1.3 million laid-off workers sought unemployment benefits last week amid resurgent viral outbreak
The number of laid-off workers seeking jobless aid is stuck at a historically high level.
The six states that have had to reverse business reopenings make up one-third of the economy.
It's the 12th straight drop in first-time claims, a sign that layoffs are slowing but still at a high level.
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week.
Rehiring may be offsetting some of the layoffs, but unemployment is still excessively high.
The executive director of the Texas Workforce Commission said they're making some allowances so people who choose not to go back to work keep receiving benefits.
The statistics the government uses to measure unemployment are likely underreporting the results of the pandemic.
With the weekly jobless claims out Thursday, we look at whether the tight labor market is creating opportunities for younger workers. Are employers more willing to look at — and train — younger workers? And are young workers prepared for the jobs that are available? Click the audio player above to hear the full story.