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Another 742,000 Americans filed for unemployment claims last week, the first increase in a month

November 19, 2020. Summarized by summa-bot.

A woman checks information as information signs are displayed at IDES (Illinois Department of Employment Security) WorkNet center in Arlington Heights, Ill., Thursday, Nov. 5, 2020. Illinois reports biggest spike in unemployment claims of all states. (AP Photo/Nam Y. Huh)

The pandemic is far from over as infections are on the rise and millions of Americans remain unemployed.

New York (CNN Business)The pandemic is far from over as infections are on the rise and millions of Americans remain unemployed.

742,000 Americans filed for first-time unemployment benefits on a seasonally adjusted basis last week, the Labor Department reported on Thursday.

That was a up from the week before and the first increase in unemployment claims since the week of October 10.

Meanwhile, 320,237 workers filed claims under the Pandemic Unemployment Assistance program, which is designed to help those who aren't usually eligible for jobless benefits, such as the self-employed.

Continued jobless claims, which count people who have applied for benefits for at least two weeks in a row, came in at 6. 4 million.

Economists worry that a growing number of people are exhausting their states' regular jobless benefits, which commonly last for 26 weeks.

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