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Jobless Claims Fall to Lowest Level of the Pandemic

2021-05-13 49 Dailymotion

Jobless Claims Fall , to Lowest Level of the Pandemic.<br />473,000 Americans filed for first-time <br />unemployment benefits the week ending May 8.<br />It is the second week in a row that jobless claims <br />have fallen below 500,000 <br />since the beginning of the pandemic.<br />While the number of job openings <br />in the U.S. exceed 8.1 million.<br />many of the unemployed remain cautious about <br />returning to work for a myriad of reasons.<br />Safety concerns, complications over childcare and <br />renewed calls for better work benefits have led, in part, to <br />companies creating new incentives to fulfill worker needs.<br />McDonald's, for instance, <br />announced a 10 percent wage <br />increase for nearly 40,000 employees.<br />To address safety concerns, <br />Amazon announced a $100 bonus for <br />new hires who also receive the COVID-19 vaccine

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