Applications for unemployment benefits are likely to reach a new pandemic low, showing a healing labor market even as the Covid-19 Delta variant continues to cause uncertainty.
Economists surveyed by The Wall Street Journal estimate that initial jobless claims, a proxy for layoffs, will decline by 10,000 to a seasonally adjusted 365,000 for the week ended Aug. 14. That would be the lowest level since the pandemic took hold in the U.S. in March 2020. The Labor Department will release the latest numbers at 8:30 a.m. ET Thursday.between 424,000 and 368,000 since late May.
It’s because the extended benefits are ending. Period
Cut the phucking Military & Pentagon in Half & America could be Utopia, Flying around in cars have cities like in the Jetsons, We'd already be colonizing mars, Why waste $ on making better faster deadlier killing weapons of mass destruction that nobody wants in the WORLD