Coronavirus News
Number of Workers Receiving Unemployment Benefits Holds Steady…
The number of workers applying for and receiving unemployment benefits was historically high but eased at the end of May, indicating the U.S. labor market has weathered the worst of the economic fallout from the coronavirus pandemic. The ranks of Americans drawing on unemployment benefits ticked up to 21.5 million in the week ended May…
The number of workers applying for and receiving unemployment benefits was historically high but eased at the end of May, indicating the U.S. labor market has weathered the worst of the economic fallout from the coronavirus pandemic.
The ranks of Americans drawing on unemployment benefits ticked up to 21.5 million in the week ended May 23, though the pace of increase significantly slowed from earlier in the crisis, the Labor Department said Thursday. So-called continuing claims are released with a one-week lag and appeared…
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