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        <title><![CDATA[US workers file under a million jobless claims for first time since March]]></title>
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            <media:title type="html">US workers file under a million jobless claims for first time since March</media:title>
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        <content:encoded><![CDATA[<p>Some 963,000 million Americans applied for unemployment benefits last week as initial jobless claims dipped below 1 million for the first time since mid-March, the feds said Thursday.</p><p>But last week&#8217;s filings nonetheless drove the number of unemployment claims filed during the coronavirus pandemic above 56 million.</p><p>New claims fell from 1.191 million the prior week, putting the numbers back on a downward trend after two weeks of increases in mid-July, Thursday&#8217;s US Department of Labor figures show. Continuing claims, which measure sustained unemployment on a one-week lag, also dropped to about 15.5 million in the week ending Aug. 1.</p><p>The latest batch of claims followed the July 31 expiration of a $600 boost to weekly unemployment benefits that had been a lifeline for millions of jobless Americans, which &#8220;may discourage fresh filings,&#8221; Bloomberg economists Andrew Husby and Eliza Winger said. President Trump issued an executive order last week to <strong>restore up to $400</strong> in weekly payments, but it hasn&#8217;t been implemented.</p><p>The pandemic has kept weekly jobless claims at unprecedented levels for more than five months as states shut down large swaths of their economies to control the coronavirus&#8217;s spread. Last week&#8217;s filings were still well above the Great Recession&#8217;s peak of 665,000.</p><p>The nationwide unemployment rate <strong>fell to 10.2 percent</strong> last month from its April peak of 14.7 percent as reopening efforts continued. But job growth slowed to 1.8 million from 4.8 million in June as spikes in COVID-19 cases roiled states like Florida and Texas.</p><p>&#8220;Elevated virus cases and the approaching back-to-school season are likely to further restrain labor market recovery this month,&#8221; Husby and Winger said.</p>]]></content:encoded>
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