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American unemployment claims fall to 360,000, another pandemic low

Usa Washington pandemic economy Health
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WASHINGTON (AP) - The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that the U.S.

economy and job market are quickly rebounding from the pandemic recession.Thursday’s report from the Labor Department showed that jobless claims fell by 26,000 last week to 360,000.

The weekly tally, a proxy for layoffs, has fallen more or less steadily since topping 900,000 in early January.The U.S. recovery from the recession is proceeding so quickly that many forecasters have predicted that the economy will expand this year by roughly 7%.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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