U.S. jobless claims fall to 712,000 as pace of layoffs eases
The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving economy.
U.S. jobless claims still high at 730,000 but fewest in 3 months
The number of Americans seeking unemployment benefits fell sharply last week in a sign that layoffs may have eased, though applications for aid remain at a historically high level.
U.S. jobless claims fall slightly to 793,000 with layoffs high
The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
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The number of Americans applying for unemployment benefits was unchanged last week at 884,000, a sign that layoffs are stuck at a historically high level six months after the pandemic flattened the economy.
A resurgence of confirmed COVID cases across the South and West is endangering hopes for an economic rebound in the region and perhaps nationally.
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Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.
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