New York (CNN Business) Another 1 million American workers filed for first-time unemployment benefits last week on a seasonally adjusted basis, the Labor Department reported Thursday. So far, we've only seen one week — at the start of August — with fewer than a million claims since March, when the pandemic started to take its toll on America's job market. Continued jobless claims, which count people filing at least two weeks in a row, stood at 14.5 million on a seasonally adjusted basis. But, on top of that, 607,806 Americans -- more than in the prior week -- filed claims for pandemic unemployment assistance, one of the programs Congress devised to help workers who don't have access to the regular government programs, such as the self-employed. All in all, 27 million American workers filed for some form of jobless assistance under various government programs during the week ending August 8, representing a decrease of around 1 million claims -- but still highlighting that this jobs crisis remains in full force.

Source: CNN August 27, 2020 12:36 UTC