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US jobless claims decrease as market gains recent stability

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US jobless claims decrease as market gains recent stability

timestampFeb 05, 2021 authorAlShorts Web Desk

Number of people in US filing applications for unemployment benefits has decreased last week. This indicates labour market’s stability as pandemic-related restrictions on business i starting to ease. Weekly jobless claims report from Labour Department has showed at leasr 17.8 million Americans were on benefits in mid-January. This could also be a boost for President Biden’s push for his USD1.9 trillion recovery plan.

Latest News

India's active COVID-19 caseload at 541-day low

Global COVID-19 caseload nears 261 million mark

WHO names new COVID-19 strain 'Omicron'

Instagram head agrees to testify amid probe on app's effect on youngsters

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