US Jobless Claims Tick Down to 411K as Economy Heals
The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving.
The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving.
The nation’s unemployment safety net is looking increasingly shaky, with a $300-a-week federal jobless benefit from the Trump administration running out just weeks after it began and millions of laid-off Americans nearing an end to their state unemployment aid.
Suggesting a narrower pandemic relief package may be all that’s possible, the White House still pushed ahead with Monday’s planned rollout of the Senate Republicans’ $1 trillion effort as House Speaker Nancy Pelosi assailed the GOP “disarray” as time-wasting during the crisis.