Labor market improves as jobless claims reduce

Sep 03, 2021
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Last week 340,000 people filled for unemployment benefits for the first time which is the lowest that the state has witnessed since the onset of the pandemic. This leads us o believe that the job market is on a steady incline as workspaces begin to slowly re-open. This news comes ahead of the much-anticipated jobs report, economists are expecting 750,000 new jobs. The last two months witnessed a steady increase in the number of jobs created with 900,000 jobs per month. Amidst all this, the Delta Variant becomes a concern. Human Resources firm UKG monitors the work shift in over 3.3 million employees shows a decline in the jobs in Southwest where the rate of cases is highest.

Source: U.S.News

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Labor market improves as jobless claims reduce

Labor market improves as jobless claims reduce

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