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U.S. Jobless Claims Continue to Shatter Pre-Pandemic Records

HeadlineAug 28, 2020

The Labor Department reports another 1 million U.S. workers filed initial unemployment claims over the last week — the 23rd straight week in a row that jobless claims shattered their pre-pandemic record. Meanwhile, the S&P 500 stock market index closed at an all-time record high on Thursday. And Forbes reports that Amazon CEO Jeff Bezos has become the first person ever to amass a $200 billion fortune.

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