Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels.
PUBLISHED 8:49 AM ET Apr. 07, 2022Jobless claims fell by 5,000 to 166,000 for the week ending April 2, the Labor Department reported ThursdayIn total, 1,523,000 Americans were collecting jobless aid for the week ending March 26, a level not seen in more than 50 years
In total, 1,523,000 Americans were collecting jobless aid for the week ending March 26, a level not seen in more than 50 years. "This historic job growth is a direct result of the American Rescue Plan, which funded our vaccination strategy, re-opened schools, and helped grow the economy from the bottom up and middle out," Biden said of his $1.9 trillion COVID relief bill.
Job openings hovered at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation. There were 11.3 million available jobs last month, matching January's figure and just below December's record of 11.4 million, the Labor Department reported last week.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Man sues King County, claims corrections officers fractured spine during jail bookingA man has filed a lawsuit against King County and several corrections officers, alleging they fractured his spine when they knelt on his back and forcibly removed his clothing in jail. FOX13
Read more »
US: Weekly Initial Jobless Claims decline to 166K vs. 200K expectedThere were 166,000 initial jobless claims in the US in the week ending on 2 April, the latest release from the US Department of Labour on Thursday sho
Read more »
Greitens denies ex-wife's abuse allegations despite her claims to have proofFormer Missouri Gov. EricGreitens, now a Republican Senate hopeful, is denying his ex-wife’s allegations of domestic abuse despite her assertion in a recent court filing that she has photographic evidence.
Read more »
Gentrification is stalling efforts to buy historic Black school in North Carolina, lawsuit claimsA couple who hoped to buy and restore a historic Black high school accuses the Charlotte-Mecklenburg Historic Landmarks Commission of racial discrimination after they say officials have made it difficult to acquire the property.
Read more »
Indiana man claims horrific injuries were caused by police, department tells different story'I was minding my own business, they swarmed me, they came from everywhere,' said Kelly. 'They tased me in my back.' The 26-year-old said he was immediately knocked unconscious, and when he woke up, he was at Franciscan Health Hospital.
Read more »