NEW: Around 1.1M people filed for unemployment benefits for the first time last week, a decline from the past 2 weeks but still the 20th straight week of claims above 1M.
Layoffs for the year to date are currently just 109,180 away from the record 1.957 million job cuts announced in 2001.
While no deal has been reached, discussions were weighing $400 a week in federal unemployment payments through December, a reduction from an earlier round of $600 payments,. It would also extend the eviction moratorium through the end of the year.
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