U.S. weekly jobless claims drop below 400,000

StreetInsider2021-06-04

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits dropped below 400,000 last week for the first time since the COVID-19 pandemic started more than a year ago, ...

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Comments

Mingling8885
2021-06-04
Mingling8885
Positive news ?
DesmondChin
2021-06-04
DesmondChin
Yes we are improving and the figures was dropping, and so was my portfolio value...
Kianmengt
2021-06-04
Kianmengt
Good
TYsg
2021-06-04
TYsg
Great ?
Huatge68
2021-06-04
Huatge68
Oh lazy yo work
jembutkuda
2021-06-04
jembutkuda
Like and comment please

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That was the lowest since mid-March 2020, when mandatory closures of nonessential businesses were enforced to slow the first wave of coronavirus infections.\nEconomists polled by Reuters had forecast 390,000 applications for the latest week.\nAnother report on Thursday from global outplacement firm Challenger, Gray & Christmas showed that while job cuts announced by U.S.-based employers rose 7% last month to 24,586, layoffs were down 93.8% from May 2020. Employers have announced 192,185 layoffs in the first five months of this year, down 86% compared to the same period in 2020.\nThe COVID-19 pandemic is subsiding because of vaccinations, allowing authorities to lift restrictions on businesses and accelerating the economy's reopening. That has led to a surge in demand that is pushing against supply constraints.\nBusinesses across all industries and regions are reporting difficulties finding workers.\nThe Federal Reserve's \"Beige Book\" report of anecdotal information on business activity collected from contacts nationwide showed on Wednesday that \"it remained difficult for many firms to hire new workers, especially low-wage hourly workers, truck drivers, and skilled tradespeople.\"\nAn Institute for Supply Management manufacturing survey on Tuesday also highlighted the shortages of labor and parts, which it said were causing short-term shutdowns.\nWorkers are scarce despite nearly 10 million Americans being officially unemployed. 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The jobless rate is forecast falling to 5.9% from 6.1% in April.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":116813869,"gmtCreate":1622787086051,"gmtModify":1704191197358,"author":{"id":"3577490745225196","authorId":"3577490745225196","authorIdStr":"3577490745225196","name":"Mingling8885","avatar":"https://static.tigerbbs.com/096e6787370cd32f0db7635ff8044468","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3577490745225196"},"htmlText":"Positive news ?","listText":"Positive news ?","text":"Positive news ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116813869","repostId":2140210014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116810139,"gmtCreate":1622786925321,"gmtModify":1704191194064,"author":{"id":"3578983795474363","authorId":"3578983795474363","authorIdStr":"3578983795474363","name":"DesmondChin","avatar":"https://static.tigerbbs.com/b90cb6b6a6c328ac8d02a829e5e7c835","vip":1,"hat":"https://static.tigerbbs.com/46b6808e1ba3716fb9c53339adffa3c5","crmLevel":3,"crmLevelSwitch":1,"idStr":"3578983795474363"},"htmlText":"Yes we are improving and the figures was dropping, and so was my portfolio value...","listText":"Yes we are improving and the figures was dropping, and so was my portfolio value...","text":"Yes we are improving and the figures was dropping, and so was my portfolio value...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116810139","repostId":2140210014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116166986,"gmtCreate":1622781153045,"gmtModify":1704191089640,"author":{"id":"3578213589361016","authorId":"3578213589361016","authorIdStr":"3578213589361016","name":"Kianmengt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3578213589361016"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116166986","repostId":2140210014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116185266,"gmtCreate":1622780732355,"gmtModify":1704191079913,"author":{"id":"3582031785727272","authorId":"3582031785727272","authorIdStr":"3582031785727272","name":"TYsg","avatar":"https://static.tigerbbs.com/eb16cd9dbb958a5e13e817f414c5ec1c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582031785727272"},"htmlText":"Great ?&nbsp;","listText":"Great ?&nbsp;","text":"Great ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116185266","repostId":2140210014,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116103596,"gmtCreate":1622778023115,"gmtModify":1704191017470,"author":{"id":"3560895293006674","authorId":"3560895293006674","authorIdStr":"3560895293006674","name":"Huatge68","avatar":"https://static.tigerbbs.com/ca439ed94516f3e0bb7a4e740cb06daf","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":8,"crmLevelSwitch":1,"idStr":"3560895293006674"},"htmlText":"Oh lazy yo work","listText":"Oh lazy yo work","text":"Oh lazy yo 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