Saturday, February 24

Benefit Claims in the US Drop Below 1 Million

The number of Americans turning to the government for unemployment benefits fell again last week to below 1 million.


According to the US government, 881,000 applications were filed. That was more than a million a week earlier.

Economists had expected an average of 950,000 applications.

Since mid-March, the number of benefits claims in the United States has been above 1 million for months due to the corona crisis.

Only in August did the number of applications in a week just drop below that for the first time.

The corona pandemic has caused tens of millions of Americans to lose their jobs, temporarily or otherwise.

The fact that many applications are still being added nowadays is due to significant reorganisations announced by companies.

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