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More people in US getting jobless aid than in past but cutoffs loom

About 15.8 million people received unemployment aid through one of several benefit programs during the week of May 8. That’s nearly eight times as many people as received jobless payments in August 2014.

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US jobless claims fall to 406K, a new pandemic low

The number of weekly applications for jobless aid — a rough measure of the pace of layoffs — has fallen by more than half since January.

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