A second wave of layoffs amid weak demand and fractured supply chains is likely keeping new U.S. applications for unemployment benefits elevated, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession.

Topics:  u.s    covid-19   wave of layoffs   
BING NEWS:
  • US weekly jobless claims modestly up
    The number of people receiving benefits after an initial week of aid, a proxy for hiring, increased 5,000 to a seasonally adjusted 1.850 million during the week ending Aug. 31, the claims report ...
    09/12/2024 - 5:03 am | View Link
  • US weekly jobless claims rise moderately
    The number of Americans filing new applications for unemployment benefits increased marginally last week, pointing to a still-low level of layoffs even as the labor market slows. Initial claims for ...
    09/12/2024 - 4:38 am | View Link
  • US weekly jobless claims fall amid low layoffs
    The number of Americans filing new applications for jobless benefits declined last week as layoffs remained low, which could help to allay fears that the labor market was deteriorating. The weekly ...
    09/5/2024 - 3:06 am | View Link
  • US weekly jobless claims decline as layoffs remain low
    The number of Americans filing new applications for jobless benefits declined last week as layoffs remained low, which could help to allay fears that the labor market was deteriorating. Initial claims ...
    09/5/2024 - 1:43 am | View Link
  • Applications for US jobless benefits fall modestly last week as layoffs remain relatively low
    The number of Americans filing for unemployment benefits fell last week as layoffs remain relatively low despite other signs of labor market cooling. Jobless claims fell by 5,000 to 227,000 ...
    09/5/2024 - 1:39 am | View Link
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