USJoblessClaims

U.S. jobless claims tick up to 373,000 from a pandemic low

U.S. jobless claims tick up to 373,000 from a pandemic low

By PAUL WISEMAN, Associated Press Troy Warren for CNT WASHINGTON — The number of Americans filing for unemployment benefits rose slightly last week even while the economy and the job market appear to be rebounding from the coronavirus recession with sustained energy. Thursday’s report from the Labor Department showed that jobless claims increased by 2,000 from the previous week to 373,000. Weekly applications, which generally track the pace of layoffs, have fallen steadily this year from more than 900,000 at the start of the year. The rollout of vaccinations is driving a potent economic recovery as businesses reopen, employers struggle to…
Read More
U.S. jobless claims fall to 364,000, a new pandemic low

U.S. jobless claims fall to 364,000, a new pandemic low

By The Associated Press Troy Warren for CNT WASHINGTON — The number of Americans applying for unemployment aid fell again last week to the lowest level since the pandemic struck last year, further evidence that the job market and the broader economy are rebounding rapidly from the coronavirus recession. The Labor Department reported Thursday that jobless claims dropped by 51,000 to 364,000. Applications for unemployment benefits have fallen more or less steadily since the year began. The rollout of vaccines has sharply reduced new COVID-19 cases, giving consumers the confidence to shop, travel, eat out and attend public events as the…
Read More