US weekly unemployment claims slightly drop
By IANS |
Published on
Fri, Jan 8 2021 12:03 IST |
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US weekly unemployment claims slightly drop. Image Source: IANS News
Washington, Jan 8 : Initial unemployment claims in the US fell slightly to 787,000 last week, the lowest level in a month, the Labor Department reported.
In the week ending on January 2y, the number of Americans filing for unemployment benefits decreased by 3,000 from the previous week s upwardly revised level of 790,000, Xinhua news agency quoted a report released on Thursday by the Department s Bureau of Labor Statistics (BLS) as saying.
In the week ending October 17, 2020, the figure dipped below 800,000 for the first time since late March, and has been largely declining in following weeks, but the trend was reversed in the weeks ending November 14 and November 21, and then in the weeks ending December 5 and December 12, 2020, amid Covid-19 spikes.
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