over what should be included in a new spending package to help businesses and families struggling from the damage inflicted by COVID-19.
The fate of those programs remains uncertain as Congress has yet to break the impasse over a new federal relief plan that can be approved in the"lame duck" session before Biden takes charge of the White House. "The plunge in initial claims does not refute the idea that the trend is rising; we expected a sharp fall because of the difficulty of adjusting for Thanksgiving," said Ian Shepherdson of Pantheon Macroeconomics.
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