Washington: The number of Americans who filed unemployment benefits falls last week to the lowest level in 52 years, more evidence that the US labor market recovered from the Coronavirus recession last year.
Unemployment claims fell 43,000 to 184,000 last week, the lowest since September 1969, the Labor Department said Thursday.
Transfer of an average of four weeks, which soften the volatility of week-a week, fell down 219,000, the lowest since the pandemic hit the United States hard in March 2020.
Overall, only under 2 million Americans collect traditional unemployment benefits that week ended 27 November.
Weekly claims, which is a proxy for layoffs, has fallen firmly most of the year since the topping of 900,000 one week in early January.
They are now below the 220,000 levels per week that are typical before the Coronavirus pandemic slammed the US economy in March 2020; Covid-19 forces consumers to stay at home as health and business prevention measures to close or reduce hours and to put staff.
In March and April last year, employers spilled 22.4 million surprising jobs.
Massive government assistance and vaccine launch helps revive the economy and the labor market by giving American beliefs and finance to go shopping, often online, for items such as grass furniture and coffee makers.
Since April last year, the United States has regained almost 18.5 million jobs.
But the economy was still 3.9 million short jobs where he was established in February 2020 and the economic outlook remained vulnerable to Covid variants such as Omicron.
The Labor Department reported last week that employers added 210,000 disappointing jobs last month.
But the report also showed that the unemployment rate fell to a low of 4.2% from 4.6% in October.
And the department reported Wednesday that the employer posted 3 million job openings in October.
It was also said that 4.2 million people quit their jobs _ take off the September 4.4 million _ sign that they are quite confident in their prospects to look for something better.
Until September 6, the federal government has completed the State Unemployment Insurance Program by paying additional payments of $ 300 per week and expanding the benefits for performers and to those who do not work for six months or more.
Including federal programs, the number of Americans who received several forms of unemployment assistance peaked more than 33 million in June 2020.
US unemployment claims fell to 184,000, the lowest since 1969
