Page 6 - Eric Morath News Today

Provided by Dow Jones By Eric Morath New applications for unemployment aid held nearly steady during the week of New Years, as an extra $300 in weekly payments kicked in from the coronavirus aid package signed into law last month. Weekly initial claims for jobless benefits from regular state programs, a proxy for layoffs, fell by 3,000 to a seasonally adjusted 787,000 in the week ended Jan. 2, the Labor Department said Thursday. The prior weeks figure was revised up b...

Provided by Dow Jones By Danny Dougherty and Eric Morath The pandemic and related restrictions shocked the U.S. job market earlier this year, leading to a labor-force reordering as the economy recovered. Jobs have declined at retail stores, restaurants and bars and grown at warehouse and transportation businesses that serve online customers as e-commerce flourishes. Here is a breakdown of how jobs in various categories of the labor market cumulatively changed from...