A second wave of layoffs amid weak demand and fractured supply chains is likely keeping new U.S. applications for unemployment benefits elevated, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession.

Topics:  u.s    covid-19   wave of layoffs   
BING NEWS:
  • The number of Americans applying for jobless benefits inches up, but layoffs remain low
    The number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and high interest rates.
    05/30/2024 - 1:45 am | View Link
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