Another 963,000 Americans filed for first-time unemployment benefits last week on a seasonally adjusted basis, the Department of Labor says. It is the first time in five months that fewer than 1 million have filed for first-time jobless benefits.
This was the lowest number of weekly initial claims since the pandemic shut down the US economy. It is the first time in five months that fewer than 1 million have filed for first-time jobless benefits.
Economists say it's encouraging that claims for unemployment are going down because it means people keep returning to work. That said, the persistently high claims numbers also tell us this recovery won't be an easy or quick feat.Continued jobless claims, which count people who have filed for unemployment benefits for a at least two weeks in a row, stood at 15.5 million.This is a developing story.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Elizabeth Holmes' Theranos trial set to begin on March 9, 2021The trial was supposed to start this year, but was delayed due to the coronavirus pandemic.
Weiterlesen »
March on Washington reconfigured to comply with virus rulesWASHINGTON (AP) — Amid widespread protests and unrest over the police killings of Black Americans, a national commemoration of the 1963 civil rights March on Washington is being reconfigured to...
Weiterlesen »
A surprise 'safe-haven' investment has surged 180% since MarchBitcoin has surged more than 60% in 2020 and is up more than 180% from its mid-March lows of about $4,000. What's driving the bitcoin spike? Experts say much of it is due to the weakness in the US dollar.
Weiterlesen »
QAnon Booster Marjorie Greene Continues March Toward CongressIt’s hard to be too extreme in pockets of Red America like Georgia’s 14th district, where Greene just won the Republican primary.
Weiterlesen »
Former Theranos CEO Elizabeth Holmes To Stand Trial In March 2021Holmes is accused of defrauding investors by falsely claiming Theranos devices could perform several tests with one drop of blood.
Weiterlesen »