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Unemployment claims surge to nearly 1 million in "flashing red warning"

Unemployment claims surge to nearly 1 million in flashing red warning
By Aimee Picchi
965,000 Americans file for unemployment
The number of Americans filing for jobless aid surged to almost 1 million in the first week of 2021, a sign the worsening coronavirus pandemic is causing businesses to lay off workers.
Roughly 965,000 people applied for unemployment in the week ending January 9, the Labor Department said Thursday. That s 181,000 more than the previous week s claims, which were revised down to 784,000, and the highest claims figure since August. It s also the biggest weekly increase since the pandemic began, according to Jennifer Lee, senior economist at BMO.
The surge in unemployment claims signals the rising headwinds facing businesses as COVID-19 infections climb and the death toll reaches new records, with 4,300 deaths on Tuesday. The latest jobless claims are among the flashing red warning signs that the recovery is being ....

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The Memo: So long, 2020. What's your business looking forward to, or dreading, in 2021?

Jimmy Lovrien wants to hear from you! Tips? Thoughts? Story ideas? Send them his way, jlovrien@duluthnews.com.
8:00 am, Dec. 30, 2020
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As the hellscape that has been 2020 winds down, we re all hoping for a more stable, healthy 2021.
If next year is expected to bring changes to your business, I d love to hear about them. Drop me an email or give me a call. In the meantime, here s some business tidbits to get you through the end of the year:
Industries in need of workers, classes offered
Believe it or not, there are some industries hiring right now. Information technology, nursing and commercial truck driving all need workers, and the Duluth Workforce in partnership with SOAR Career Solutions, Lake Superior College and Duluth Public Schools Adult Education will offer full funding to eligible applicants looking to enter those fields. ....

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