A second wave of layoffs amid weak demand and fractured supply chains is 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 hit 11-month low as hiring slowdown lingers
    Weekly jobless claims in the United States have fallen to an 11-month low, signaling a resilient labor market even as hiring activity slows. The decline underscores a steady pace of layoffs, ...
    01/8/2025 - 5:46 am | View Link
  • US weekly jobless claims fall to 11-month low
    The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market, though a slowdown in hiring has led some laid-off ...
    01/8/2025 - 4:24 am | View Link
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