Chicago

Thursday Forecast: Temps in low 70s with scattered showers

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to its lowest level since the pandemic began, a sign the job market is still improving even as hiring has slowed in the past two months.

Unemployment claims dropped 36,000 to 293,000 last week, the second straight drop, the Labor Department said Thursday. That’s the smallest number of people to apply for benefits since the week of March 14, 2020, when the pandemic intensified, and the first time claims have dipped below 300,000. Applications for jobless aid, which generally track the pace of layoffs, have fallen steadily since last spring as many businesses, struggling to fill jobs, have held onto their workers.

File source

Washington News Post Latest Breaking News, Headlines
Washington News Post|| World News||USA News||Washington||
Celebrity News||Movie Review

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button