The number of American workers filing initial unemployment claims has come in at more than 1 million for the 20th straight week, suggesting that despite green shoots in the economy, the dynamics of recovery continue to be clouded by uncertainty.
The Labor Department stated in a release (pdf) on Aug. 6 that nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, yet another sign that the pandemic keeps forcing companies to slash jobs.
