#684K filed in drop below pre-COVID record

#684K filed in drop below pre-COVID record

“#684K filed in drop below pre-COVID record” The number of Americans seeking unemployment benefits dropped last week to its lowest level since the start of the coronavirus crisis, the feds said Thursday. Last week’s 684,000 initial jobless claims brought the total for the COVID-19 pandemic to more than 82.5 million — a number more than…

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#Older women are having to tackle unemployment bias head-on

#Older women are having to tackle unemployment bias head-on

“#Older women are having to tackle unemployment bias head-on” It’s a sad fact that older women often face a higher hurdle while finding employment. In the pandemic, they’ve also been losing their jobs at worrisome rates. Since February 2020, the unemployment rate for females over 55 has almost doubled, from 3.5 percent to 6.1 percent,…

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#379K jobs added, 6.2 percent unemployment

#379K jobs added, 6.2 percent unemployment

“#379K jobs added, 6.2 percent unemployment” American employers went on a stronger-than-expected hiring spree in February as a sharp drop in coronavirus infections and rising vaccinations loosened the pandemic’s grip on the labor market. The US economy added 379,000 jobs last month, beating economists’ estimates for a gain of 171,000 on the heels of January’s addition…

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#730,000 filed in unexpected drop

#730,000 filed in unexpected drop

“#730,000 filed in unexpected drop” The number of Americans seeking unemployment benefits dropped more than expected last week but remained at historic highs as the coronavirus crisis continued. Last week’s 730,000 initial jobless claims brought the total for the COVID-19 pandemic to about 79.6 million — a number equivalent to nearly half of the American workforce….

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#49K jobs added as unemployment falls to 6.3 percent

#49K jobs added as unemployment falls to 6.3 percent

“#49K jobs added as unemployment falls to 6.3 percent” The US economy added 49,000 jobs in January as the labor market rebounded from the latest wave of coronavirus lockdowns, the feds said Friday. The modest payroll growth came after employers shed 227,000 jobs in December amid a deadly wave of COVID-19 infections, marking the first…

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#Cuomo needs to stop killing NYC’s economy

#Cuomo needs to stop killing NYC’s economy

“#Cuomo needs to stop killing NYC’s economy” New York lost 1 million jobs during the pandemic last year, more than half of them in the city. And that doesn’t include jobs that are being done out-of-state by remote workers who therefore spend nothing in the city. Yet the politicians keep ignoring these bitter facts, and…

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#US loses 140,000 jobs, 6.7 percent unemployment

#US loses 140,000 jobs, 6.7 percent unemployment

“#US loses 140,000 jobs, 6.7 percent unemployment” The US economy lost jobs for the first time in eight months in December as a deadly surge in coronavirus infections sparked a new wave of lockdown measures. Employers shed 140,000 jobs last month while the unemployment rate remained steady at 6.7 percent, the Bureau of Labor Statistics…

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