Falling US jobless claims bright spot in troubled labor market

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

New United States jobless claims fall to 712,000 in the week ended November 28.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines