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:
  • US weekly jobless claims remain at low level
    The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week, pointing to continued labor market strength. Labor market resilience, which is driving the ...
    04/18/2024 - 2:15 am | View Link
  • Jobless claims flat at 212,000 and still show no sign of rising layoffs
    The number of Americans who applied for unemployment benefits last week was unchanged at 212,000, reflecting a surprisingly resilient labor market in ...
    04/18/2024 - 2:06 am | View Link
  • Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates
    Weekly unemployment claims are considered a proxy for the number of U.S. layoffs in a given week and a sign of where the job market is headed. They have remained at historically low levels since the ...
    04/11/2024 - 6:34 am | View Link
  • Israel, U.S. believe Iran is about to retaliate for Israeli bombing of Syria consulate, officials say
    Israel and the U.S. are convinced Iran is preparing to retaliate for the Israeli strike on an Iranian consulate in Syria, U.S. officials say. Israel on Monday struck an Iranian consulate in ...
    04/5/2024 - 12:42 pm | View Link
  • US applications for jobless benefits rise to highest level in two months, but layoffs remain low
    The number of Americans applying for jobless benefits rose to their highest level in two months last week, but layoffs remain at historically ... The four-week average of claims, which evens out some ...
    04/4/2024 - 1:59 am | View Link
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