Jobless claims rise: Delta surge and Hurricane Ida reasons

Jobless claims rise again due to Delta virus and Hurricane Ida

Sep 24, 2021
389 views
0 comments
Share
Firing

The number of Americans who applied for jobless benefits has risen for a second time to 351,000. This is a sign that the US job market is still struggling with the covid 19 surge. The Department of Labour reported on Thursday showed that the jobless claims rose by 16,000 since the last week. Reports show that the job market has strengthened but the jobless aid claims still remain elevated. Before the pandemic hit the country, jobless claims 220,000 people applied for aid every week. Now the numbers remain about 60% higher than before that pandemic.

Employers in the US have increased hiring and the economy has recovered about 17 million jobs since March-April 2020. The rollout of the vaccines has also encouraged businesses to reopen and consumers to go out, dine and shop. Some economists also add that there are other factors to the rising number of claims. In addition to the surge of the Delta virus, they add that the impact of Hurricane Ida and seasonal factors also have a play in it. Earlier this month about 8 million people lost their access to unemployment aid with the expiration of two federal programs. Another 2.7 million people also lost access to regular state unemployment benefits of $300 a week.

Source: CBS News

389 views
0 comments

Tags In

Wipro

Previous days news

Sep 23 Sep 22 Sep 21 Sep 20 Sep 17

Best tech jobs in the United States : BLS data

Sep 06, 2022
1071 views
0 comments
Background Checks

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Sep 06, 2022
753 views
0 comments
Background Checks

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Aug 17, 2022
1113 views
0 comments
Background Checks

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

Aug 17, 2022
732 views
0 comments
Background Checks

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

Aug 10, 2022
1174 views
0 comments
Background Checks

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Jobless claims rise again due to Delta virus and Hurricane Ida

Jobless claims rise again due to Delta virus and Hurricane Ida

Tags In

Others news

Category

Tags

Articles