Mary Wilson
Well-known member
By Christopher Rugaber
Published 7 hours ago
Updated 1 hour ago
WASHINGTON (AP) - The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession.
Thursday’s report from the Labor Department coincides with other recent data that have signaled a slowdown in hiring. The economy is still roughly 10.7 million jobs short of recovering all the 22 million jobs that were lost when the pandemic struck in early spring.
https://www.fox6now.com/news/layoffs-remain-elevated-as-898000-seek-unemployment-aid
Published 7 hours ago
Updated 1 hour ago
WASHINGTON (AP) - The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession.
Thursday’s report from the Labor Department coincides with other recent data that have signaled a slowdown in hiring. The economy is still roughly 10.7 million jobs short of recovering all the 22 million jobs that were lost when the pandemic struck in early spring.
https://www.fox6now.com/news/layoffs-remain-elevated-as-898000-seek-unemployment-aid