A second wave of layoffs amid weak demand and fractured supply chains is 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.
U.s. Weekly Jobless Claims Remain High As Second Wave Of Layoffs Hits Industries
Reuters: Top News, Reuters
Thu, 06/18/2020 - 5:38am
BING NEWS:
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The number of Americans who applied for unemployment benefits last week rose to a four-week high of 229,000 — likely in part due to the end of the ...
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06/6/2024 - 1:40 am | View Link - 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 ...
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Americans will probably be spared from mass layoffs that have defined past downturns ... especially in this post-pandemic economy where many positions remain open and remote work offers flexibility.
02/4/2024 - 11:00 am | View Link - More
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