US jobless claims reach a pandemic low as economy recovers

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BREAKING: The number of Americans seeking unemployment benefits fell sharply last week to 310,000 from 345,000, a pandemic low and a sign that the surge in COVID-19 cases caused by the delta variant has yet to lead to widespread layoffs.

showed that jobless claims dropped from a revised total of 345,000 the week before. The number of applications has fallen steadily since topping 900,000 in early January, reflecting the steady reopening of the economy after the pandemic recession.

But the spread of the delta variant this summer has put renewed pressure on the economy and the job market. On Wednesday, that U.S. economic activity “downshifted” in July and August, in part because of a pullback in dining out, travel and tourism related to concerns about the delta variant.after having added roughly a million in both June and July. Hiring plummeted in industries that require face-to-face contact with the public, notably restaurants, hotels and retail. Still, some jobs were added in other areas, and the unemployment rate actually dropped to 5.2% from 5.4%.

 

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Should be sued for this blatant propaganda. Jobless claims dropping has to do with ppl who only qualified over PUA FPUC rules not allowed to claim anymore. potus SecMartyWalsh USDOL bragged about same drops when they ILLEGALLY kicked 12 states off ALL UI in June.

We need an extension!!!

A great sign, for sure.

Lol…yeah…THAT’S the reason…smh

The only ones not happy w/this good news is the GOP who’re more interested in derailing & undermining Biden’s efforts & his agenda of lifting every American working family up from abject poverty,frustration & degradation! Anyone who undermines their own government is a traitor!

Fell slightly as benefits dried up and many fell off the roles as others dropped out of the workforce.

lol or

persuaded sometimes to believe in devine providence

This is propaganda

“Fell sharply” lmfao

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