Another 1.4 million in the US filed for unemployment benefits last week
A resurgence in infections and a rollback of reopening plans in several states is making it difficult for people to re-enter the labor force following the pandemic lockdown
Another 1.4 million Americans have filed for first-time unemployment benefits last week, according to the Department of Labor.
Four months after the Covid-19 pandemic ravaged the health of Americans, their economy and their labor market, the upswing in economic data is tapering off, reports the CNN.
A resurgence in infections and a rollback of reopening plans in several states is making it difficult for people to re-enter the labor force following the pandemic lockdown.
Continued claims — which count people who have applied for benefits for at least two consecutive weeks — slipped to 16.2 million, down by more than 1 million from the week prior.