FILE - In this July 9, 2020, file photo, a large video display reads "Now hiring for our new hotel coming soon!," at the new Emerald Queen Casino, which is open, and owned by the Puyallup Tribe of Indians, in Tacoma, Wash. The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus has weakened hiring and the economic rebound.
The Labor Department said applications fell to 963,000, the second straight drop, from 1.2 million the previous week. The decline suggests that layoffs are slowing, though last week’s figure still exceeds the pre-pandemic record of just under 700,000.The pandemic, the shutdowns that are meant to fight it and the reluctance or inability of many people to shop, travel or eat out are continuing to weaken the economy and force companies to cut staff.
The supplemental federal aid had enabled many jobless Americans to afford rent, food and utilities, and its expiration threatens to weaken consumer spending and further slow the economy. Unemployment benefits have accounted for roughly 5% of national income since April, a larger share than even Social Security. The loss of the $600 has shrunk benefits for the average recipient by one-half to three-quarters.
For states to set up systems to distribute a new $300 federal jobless benefit, their labor departments would need more guidance from the federal government, noted Michele Evermore, a senior researcher at the National Employment Law Project. The money, which is supposed to come from a federal disaster relief fund, would likely require states to hire more people and possibly contract with software vendors to establish a system to process the payments, Evermore said.
julie_kelly2 We know you hate to report this AP.
That's new claims...because everyone else that could be cut has already lost their jobs.
AndrewHClark Yeah I was wondering why left-wing media outlets all of a sudden started pushing for another lockdown
Trump administration smarter than the average bear
Unemployment only lasts so long, and then you’re not eligible for benefits when they run out. So it’s about this time that people start to go from plain fucked to absolutely devastated. Then you go from unemployed with benefits to unemployed with zero income. Homeless increases.
Could it be because they gave up on a fail system? The emergency fund run out?...
how many unemployed people died in the last 5 months
Trump regime has abandoned citizens to starvation and death. Failed state!
Now add in all the people who used up their aid and are still jobless.
AnthonyNBC12 Are we supposed to fucking celebrate this?!
No jobs left to close down
Good
More stupidity
963k...what a macabre milestone. 🙄
rosannascotto Amazon is hiring in NJ & 66k essential job openings too per Governor Phil
Trump has been the worst president in the entire history of modern america...He didn’t act right and now the economy is booming!!!!
YOUR GOVERNOR IS THE ONE TO BLAME. SHUTTING DOWN THE ECONOMY WAS IGNORANT.
cut the benefit and lazy worker has to get a job. PLAIN AND SIMPLE
Trump will act like this is a victory. 🙄🤬
In 3.2.1.... “amazing numbers, unbelievable!”
Are you serious with that ridulous comment? 37k is a rounding error.
Trump will somehow spin just under 1mil as a win. 1mil. He has zero understanding of everything
The Labor Department said applications fell to 963,000, the second straight drop, from 1.2 million the previous week. The decline suggests that layoffs are slowing, though last week's figure still exceeds the pre-pandemic record of just under 700,000.
Because the money is running out. Thanks MoscowMitch!
So instead of 5 million month losing jobs, we've slowed to 4 million a month?
Yeah because ther is nobody left
What a coincidence people stop getting paid more money to stay home now they actually have to go back to work for their paycheck
The GOP dithers while Americans wither. We need bold leadership soon. I fear that we are in for a November surprise if the GOP loses the Senate. They will undo any advancements before they leave leadership. Trump will upend this country for betraying him.
Wow how can you try to spin this as a positive? 😂😡
Learn from WSJ’s headline, you imbecile AP! First time less than 1M sought unemployment aid since China Virus, and AP came out with an entirely opposite message!
Another wave will come as more retailers fail over the next 6 months
This is literally not good news
And the jobs that are available won't cover any of the bills, but rent alone and rent only.
Breaking!!!
I wish they would fucking show true employment number, include the mother fucking people like myself who are FUCKING unemployed!!!!!!!!!!!!!!!! I bet the real number like 40% unemployment!!!!!!! MSNBC JoeNBC morningmika Morning_Joe
1.1 million was the prediction. Better than expected numbers .. again
Perhaps benefits have run out for some?
Oh, only 963k! At least it wasn’t one million. Phew!
Cc: realdonaldtrump
Do you believe these numbers? I don’t. realDonaldTrump and his admin has lies about EVERYTHING else why would these numbers be truthful? When it’s all said and done we will find out these numbers are fake
__ice9 Is this supposed to be good news or bad?
MAGA!!!!📈✈️🇺🇸
Can you imagine if the idiot Governor's opened up their states?
That’s what happens when you stop paying them to sit at home
if u don’t have a job, can’t make a claim yah?
Might of well call that a million 🙄
well so long as it is under 1 million. ARE YOU INSANE? Still the highest amount of people in HISTORY on unemployment
The recovery continues
WE'RE ON A ROLL NOW!!!!!!!!!!!
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