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U.S. Initial Unemployment Claims Edge Down in Latest Week

U.S. Initial Unemployment Claims Edge Down in Latest Week

Number of workers receiving continuing unemployment benefits eases slightly to 18.1 million

Congress is eager to pass the next phase of coronavirus stimulus legislation, but the bipartisan spirit that was present months ago may be frayed as both parties weigh their differences. WSJ’s Gerald F. Seib explains. Photo: Eric Gay/Associated Press

By Eric Morath and Kim MackraelUpdated July 9, 2020 8:37 am ET

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Initial unemployment claims edged down to 1.3 million in the latest week and workers receiving benefits eased slightly to 18.1 million, the Labor Department reported Thursday.

The number of workers seeking new unemployment benefits has plateaued at a historically high level, showing that many Americans are still losing their jobs amid a broadly healing labor market.

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