Unemployment Claims Fall Slightly As Labor Market Struggles To Recoup Losses

Another 860,000 people filed for temporary unemployment benefits last week, on par with what economists were expecting—while the numbers are slightly lower than the week before, when 884,000 people filed new claims, they’re still holding steady at record highs.... [+]

continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 8, 2020 in New York City.The slight drop in claims could be attributable to new hiring, but it may also signal that expanded federal unemployment benefits are now expiring for some job seekers.

Another 658,737 people filed new claims under the Pandemic Unemployment Assistance program, which is intended for freelancers, gig workers, and other self-employed workers who don’t qualify for traditional unemployment assistance. Crucial Quote

theothersarahh No more stimulus until after election. Stay strong! NoStimulus

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market live updates: Futures drop, better-than-expected jobless data, tech strugglesU.S. stock index futures pointed to losses across the board when the market opens on Thursday.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Staying home: Drop in foreign students bad omen for Canada's labor marketTravel restrictions and a shift to online learning has dramatically cut the number of international students expected to attend Canadian universities and colleges this fall, and the decline will ripple through Canada's labor market. Quién diría que estudiantes fueran clientes potenciales. ...... *labour They will be back. Canada is one of the best country for foreign students - Excellent schools, much more affordable and friendlier than most other countries.
Fuente: Reuters - 🏆 2. / 97 Leer más »

Staying home: Drop in foreign students bad omen for Canada's labor marketTravel restrictions and a shift to online learning has dramatically cut the number of international students expected to attend Canadian universities and colleges this fall, and the decline will ripple through Canada's labor market.
Fuente: Reuters - 🏆 2. / 97 Leer más »