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Jobless Claims Drop Again for a New Pandemic Low

2021-05-20 111 Dailymotion

Jobless Claims Drop Again <br />for a New Pandemic Low.<br />According to the Labor Department's report on May 20, jobless claims dropped to a new low of 444,000 last week.<br />The number is lower than the 452,000 claims economists had predicted.<br />The previous week saw <br />478,000 new claims.<br />The new numbers are significantly lower than the over 2.3 million claims that were filed during the same period one year ago.<br />The economic rebound comes as the U.S. continues to administer 1.8 million doses of the COVID-19 vaccine per day.<br />Still, continuing claims <br />remain at 3.7 million.<br />Businesses such as McDonald's and Amazon have offered increased wages and more incentives to encourage workers to seek employment once again.<br />Businesses such as McDonald's and Amazon have offered increased wages and more incentives to encourage workers to seek employment once again

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