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Home Economy

Unemployment claims fall in the United States for the seventh week

Ursula Curtis by Ursula Curtis
November 18, 2021
in Economy
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Unemployment claims fall in the United States for the seventh week
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NSThis was the seventh consecutive week that jobless claims have fallen and are now at their lowest level since the start of the COVID-19 pandemic.

In the last week of March 2020, requests for support increased and reached a historic record of 6.8 million, with the effect of restrictions adopted to stop the infection. Since then, they gradually began to decline.

With this new reduction, the number of filings for unemployment benefits is close to the weekly average of 205,000 registered before the pandemic.

In the week ending November 6, there were 2.08 million people receiving this benefit, compared to 2.2 the previous week.

The Department of Labor reported on the fifth of this month that the unemployment rate in the United States fell to 4.6% in October, twenty fewer than in September, with the economy creating 531,000 jobs.

In the months leading up to the pandemic crisis, the unemployment rate in the United States was around 3.5%.

Read also: Unemployment rate drops to 4.3% in UK

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Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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