Techlife News - USA (2020-10-03)

(Antfer) #1
The number of Americans seeking
unemployment benefits declined last week to
a still-high 837,000, evidence that the economy
is struggling to sustain a tentative recovery that
began this summer.
The Labor Department’s report, released
Thursday, suggests that companies are still
cutting a historically high number of jobs,
though the weekly numbers have become less
reliable as states have increased their efforts to
root out fraudulent claims and process earlier
applications that have piled up.
California, for example, which accounts for more
than one-quarter of the nation’s aid applications,
this week simply provided the same figure it
did the previous week. That’s because the state
has stopped accepting new jobless claims

US LAYOFFS


REMAIN ELEVATED


AS 837,000 SEEK


JOBLESS AID

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