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Tag: unemployment

The number of people receiving unemployment compensation dropped dramatically last week to 684,000, the lowest since the COVID-19 pandemic exploded a year ago and an indication that the economy is strengthening. Economists’ consensus called for initial claims to come in at 730,000 following the revised level of 781,000 reported in...
Last week, the number of Americans receiving unemployment insurance dropped to 712,000, the lowest overall since early November, showing that fewer businesses are slashing jobs in the midst of a fall in reported coronavirus cases and signs of an improved economy. The U.S. Labor Department said that the weekly unemployment...