Jobless claims at lowest since pandemic
Some 684,000 Americans applied for unemployment benefits last week, according to Thursday’s report from the Labor Department. That’s a sharp drop from the week before and the fewest since the COVID-19 pandemic began a year ago.
Is the economy getting better? The economy added twice the number of jobs in February as in January, a shift economists hope will become a long-term trend. But 18.9 million people are still collecting unemployment benefits, putting the U.S. unemployment rate at 6.2 percent.
Dig deeper: Read Harvest Prude’s analysis in The Stew of the latest COVID-19 relief package signed by President Joe Biden.
If you enjoyed this article and would like to support WORLD's brand of Biblically sound journalism, click here.
An actual newsletter worth subscribing to instead of just a collection of links. —AdamSign up to receive The Sift email newsletter each weekday morning for the latest headlines from WORLD’s breaking news team.
Please wait while we load the latest comments...
Please register, subscribe, or log in to comment on this article.