The number of Americans applying for unemployment benefits climbed slightly last week but still remains historically low and consistent with a tight United States labour market.
Jobless claims – a proxy for layoffs – increased by 18,000 to 206,000 the week ended December 11, according to the US Department of Labor. The four-week average, which smooths out some of the volatility, fell by 16,000 to less than 204,000, the lowest level since mid-November 1969.
Demand for labour is the strongest it’s been in decades as the US economy continues to rebound from last year’s coronavirus pandemic blow. While the unemployment rate has yet to fall to pre-pandemic levels, workers have dropped out of the labour force in droves. Some have opted to take early retirement or open their own business, while others are staying on the sidelines due to fear of contracting COVID-19, or a lack of childcare.
Load More
Yorumlar
Kalan Karakter: