The election is yet to be decided, but one thing is certain: the next President will have to deal with both the coronavirus pandemic and America's massive unemployment problem.
Another 751,000 Americans claimed first-time jobless benefits last week on a seasonally adjusted basis, the US Labor Department reported Thursday. That's down slightly from the previous week.
Additionally, 362,883 workers who are ineligible for regular state benefits, such as the self-employed or gig workers, claimed aid under the Pandemic Unemployment Assistance program.
In total, first-time claims stood at 1.1 million last week without seasonal adjustments.
Continued jobless claims, which count workers who have applied for benefits for at least two weeks in a row, stood at 7.3 million -- slightly down from the previous week.
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