US jobless claims fall to 15-month low

0
9





The number of Americans filing new applications for unemployment benefits fell last week to the lowest level in nearly 15 months.

And the US Department of Labor said, today, Thursday, that the total government jobless claims submitted for the first time reached a seasonally adjusted level of 376,000 applications for the week ending June 5, compared to 385,000 in the previous week.

It was the lowest level since mid-March 2020, when the first wave of COVID-19 infections swept the country, shutting down non-essential businesses.

Thus, requests fell for the sixth week in a row.

Layoffs are easing as employers seek employment, with millions of Americans staying at home due to the difficulty of securing childcare, generous unemployment benefits and fear of the virus, despite the availability of widely available vaccines.

Economists polled by Reuters had forecast 370,000 orders in the latest week.







LEAVE A REPLY

Please enter your comment!
Please enter your name here