US jobless claims reach a pandemic low as economy recovers

The number of Americans seeking unemployment benefits fell last week to 310,000, a pandemic low and a sign that the surge in COVID-19 cases caused by the delta variant has yet to lead to widespread layoffs. Thursday’s report from the Labor Department showed that jobless claims dropped from a revised total of 345,000 the week before. On Wednesday, the Federal Reserve reported that U.S. economic activity “downshifted” in July and August, in par…

9 months ago·Los Angeles, United States

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Reuters

U.S. weekly jobless claims near 18

WASHINGTON - The number of Americans filing new claims for jobless benefits fell last week to the lowest level in nearly 18 months, offering more evidence that job growth was being hindered by labor shortages rather than cooling demand for workers. Initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the Labor

9 months ago·United Kingdom

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Washington Times

U.S. jobless claims reach a pandemic low as economy recovers

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 310,000, a pandemic low and a sign that the surge in COVID-19 cases caused by the delta variant has yet to lead to widespread layoffs.Thursday’s report from the Labor Department showed that jobless claims dropped ...

9 months ago·Washington, United States

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abc News

US jobless claims reach a pandemic low as economy recovers

The number of Americans seeking unemployment benefits fell sharply last week to 310,000, a pandemic low and a sign that the surge in COVID-19 cases caused by the delta variant has yet to lead to widespread layoffs

9 months ago·United States

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Associated Press News

US jobless claims reach a pandemic low as economy recovers

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 310,000, a pandemic low and a sign that the surge in COVID-19 cases caused by the delta variant has yet to lead to widespread layoffs.

9 months ago·United States

Read Full Article