Unemployment Is Back On A High

742,000 workers filed for unemployment insurance last week.

The rise comes amid a new surge in virus cases across the nation, where the U.S. surpassed the grim milestone of more than 250,000 virus deaths.

More than 20.3 million people are still claiming some form of unemployment assistance, where there were 1.5 million people claiming benefits during the same time period last year.

Businesses have struggled to reopen and many are being forced to re-shutter as cases surge, as the jobless claims tally has shattered the pre-pandemic weekly record set in 1982.

Photos by Getty Images