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Thursday 14 January 2021

Unemployment claims in US jump to 965,000, highest since August

New U.S. unemployment numbers out today are bad, and it's because the pandemic is surging after the holidays.

"The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs," reports AP:

The latest figures for jobless claims, issued Thursday by the Labor Department, remain at levels never seen until the virus struck.

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