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        <title><![CDATA[US workers file 742,000 new jobless claims as COVID-19 surge continues]]></title>
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        <lastBuildDate>Thu, 19 Nov 2020 09:42:46 +0000</lastBuildDate>
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            <media:title type="html">US workers file 742,000 new jobless claims as COVID-19 surge continues</media:title>
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						<p>Some 742,000 Americans applied for unemployment benefits last week as a <strong>surge in coronavirus infections</strong> threatened to shut down businesses again, the feds said Thursday.</p>
<p>The latest batch of initial jobless claims brought the seasonally adjusted total filed during the coronavirus pandemic to roughly 68.1 million — equivalent to more than 42 percent of the nation&#8217;s workforce.</p>
<p>The first increase in new jobless filings in about a month came as some cities and states imposed new lockdown measures to combat the record-setting resurgence of COVID-19. Last week&#8217;s total from the US Department of Labor came in well above economists&#8217; expectations for 705,000 claims, according to Wrightson ICAP.</p>
<p>&#8220;Finding a job could be challenging as a number of states reimpose virus-related restrictions,&#8221; Bloomberg economist Eliza Winger said in a commentary. &#8220;Businesses could face more near-term disruptions and lower demand due to the lapse in fiscal aid and a reduction in consumer incomes.&#8221;</p>
<p>Last week was the 35th consecutive week in which new jobless claims have remained above the pre-pandemic record of 695,000 as well as the Great Recession&#8217;s weekly peak of 665,000.</p>
			
					
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