900,000 Americans Filed for Unemployment <br />in Trump's Last Full Week as President.<br />The figures, released by the Labor Department <br />on Thursday, were slightly lower than the <br />910,000 economists had predicted.<br />The number is still nearly four times greater than pre-pandemic levels.<br />423,734 Americans also applied for <br />Pandemic Unemployment Assistance.<br />Continuing jobless claims <br />fell to about 5.1 million.<br />According to Fox News, about 40% of the labor force has filed for some sort of unemployment benefits amid the global health crises.<br />Though vaccines offer some <br />hope of a return to normalcy, .<br />new coronavirus variants have increased the probability of a prolonged third wave of infections.<br />While the vaccine offers a light at the end of the tunnel, we're still far away from a complete reopening of the economy that could drive rehiring and stem further layoffs, Daniel Zhao, Glassdoor senior economist, via Fox News
