Job losses remain 'enormous': Coronavirus unemployment claims are worst in history

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Job losses remain 'enormous': Coronavirus unemployment claims are worst in history
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Job losses remain 'enormous': Coronavirus unemployment claims are the worst in history

New applications for unemployment benefits totaled 2.3 million last week — the 16th week in a row that claims have exceeded 1 million.

Things have improved since new claims peaked in late March, but spiking coronavirus infections and expiring federal aid means layoffs could increase.

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