Jobless claims fall to 751,000, but new infections a threat
WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it’s still historically high and indicates the viral pandemic is forcing many employers to cut jobs. Applications for unemployment aid fell 40,000 from the previous week, the Labor Department said Thursday. They fell in 30 states, including big drops in California, Florida and Texas. Claims rose significantly in Arizona, Illinois, and Michigan. Rising confirmed virus cases in nearly every state, along with a cutoff in federal aid, are threatening to weaken ...