Labor Dept Reports 860K New Jobless Claims For Week

ABC News reports:

Some 860,000 Americans lost their jobs and filed for unemployment insurance last week, the Labor Department said Thursday. The latest tally shows that new jobless claims have dipped significantly since peaking at 6.9 million in the last week of March. Still, it shatters the pre-pandemic weekly record set in 1982 of 695,000.

Meanwhile, more than 29.7 million people are still claiming unemployment benefits through all programs as of the week ending Aug. 29, the DOL said Thursday. In the same week last year, there were less than 1.5 million people claiming jobless benefits through all programs.

For the week ending Aug. 29, the states with the highest insured unemployment rates were Hawaii (20.3%), California (17.3%) and Nevada (15.6%), the DOL added in its latest release.