Usa Washington pandemic vaccine economy Usa Washington

US jobless claims up to 744K as virus still forces layoffs

Reading now: 901
www.clickorlando.com

WASHINGTON – The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs even as more people are vaccinated against COVID-19, consumers gain confidence and the government distributes aid throughout the economy.

The Labor Department said Thursday that applications increased by 16,000 from 728,000 a week earlier. Jobless claims have declined sharply since the virus slammed into the economy in March of last year.

But they remain high by historical standards: Before the pandemic erupted, weekly applications typically remained below 220,000 a week.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA