by Kyle Ziemnick
Posted 9/03/20, 12:00 pm
WASHINGTON—The number of weekly unemployment applications has dropped below 1 million for the first time since early March. The U.S. Department of Labor’s Thursday report revealed 881,000 new claims for jobless benefits last week, and 1 million fewer Americans are receiving state unemployment than in the week before. Economists say the unemployment rate is slowly returning to normal, but the level of new applications remains higher than at any time in the report’s history before the pandemic.