By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy's recovery from its springtime collapse. The Labor Department said Thursday that the number of applications increased from 862,000 the previous week. It showed that nine months after the viral pandemic paralyzed the economy, many employers are still slashing jobs as the pandemic forces more business restrictions and leads many consumers to stay home. Before the coronavirus erupted in March, weekly jobless claims had typically numbered only about 225,000. […]
The post US jobless claims rise to 885,000 amid resurgence of virus appeared first on Black News Channel.
