Usa Washington city Washington pandemic economy Government Usa Washington city Washington

US jobless claims likely remain high as layoffs persist

Reading now: 457
www.clickorlando.com

WASHINGTON – The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.The still-high number of people seeking jobless benefits reflects an economy that has recovered only slightly more than half the 22 million jobs that were lost to the pandemic.

Many Americans are facing unemployment with vastly diminished aid since a $600-a-week federal benefit expired this summer.The latest weekly report on jobless claims coincides with fading prospects in Washington for a new federal rescue aid package that economists say is urgently needed for unemployed workers.

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