U.S. jobless claims drop 23,000 to 238,000 as omicron wave recedes
The numbers: New requests for U.S. unemployment benefits fell for the second week in a row to 238,000, as the record omicron wave receded and more people were able to go back to work.
Big picture: The economy was walloped last month by the fast-spreading omicron strain of the coronavirus. Almost 9 million people missed time from work, another government report found. Even so, businesses are still grappling with a broad labor shortage that existed before omicron and is likely to persist.
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‘Stealth’ Omicron Sub-Variant Detected In 57 Countries, WHO SaysI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
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