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The Number Of New Jobless Claims Remains At A High Level In The USA
In the ongoing corona pandemic in the USA, the number of new jobless claims remains at a high level.
Yazar: Tom Roberts
Yayınlanma: 25 Eylül 2020 00:38
Güncellenme: 7 Kasım 2024 05:37
The Number Of New Jobless Claims Remains At A High Level In The USA
In the ongoing corona pandemic in the USA, the number of new jobless claims remains at a high level. In the week leading up to September 19, 870,000 people submitted a new application for unemployment benefits, according to the Department of Labor in Washington. That was an increase of 4000 compared to the previous week. Economists had expected 840,000. In August there were still more than a million new applications per week. The new applications reflect the short-term development of the labor market in the world's largest economy. Before the corona pandemic, the number rarely exceeded 100,000 per week. The unemployment rate recently fell from a historically high 10.2 percent to 8.4 percent for August. US President Donald Trump promised an economic recovery during the election campaign. The Republican will run against Joe Biden, nominated by the US Democrats, in the November 3rd presidential election. The coronavirus pandemic is still out of control in the United States. Since it began, almost 7 million of the 330 million Americans in the United States have been infected with the Sars-CoV-2 pathogen. On Tuesday, the death toll in the country surged over 200,000. Of the 22 million jobs lost in the Corona recession, only about half have been won back so far.The number of initial jobless claims is also significant because Republicans and Democrats have still not agreed on a replacement for the expired additional federal unemployment benefit of $ 600 per week from a coronavirus aid package from March.
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