Home Business Unemployment in the United States continues to rise, and the job market is still tense.
Unemployment in the United States continues to rise, and the job market is still tense.

Unemployment in the United States continues to rise, and the job market is still tense.

by YCPress

January 28 According to the Associated Press on the 28th, the number of people applying for unemployment benefits in the United States has recently declined, but it remained at an all-time high of 847,000 last week.

U.S. media pointed out that this shows that the number of unemployed is still increasing as the coronavirus continues to rage.

According to reports, the U.S. Department of Labor said on the 28th local time that the number of people applying for unemployment benefits last week decreased by 67,000 from 914,000 the previous week.

In addition, nearly 4.8 million Americans continue to receive traditional state unemployment benefits.

The report also pointed out that the decline in unemployment shows that some unemployed people are looking for new jobs, while others have exhausted state benefits.

Despite the hope of the coronavirus vaccine for ending the crisis and returning to normal economic life, the U.S. job market is still tense.

The number currently recorded fewer than 150,000 new confirmed cases of COVID-19 in the United States per day, a figure down from nearly 250,000 cases a day earlier this month, but still more than double that of March 2020.

So far, more than 425,000 Americans have died from the coronavirus epidemic.

On the other hand, the coronavirus pandemic has forced state and local governments in the United States to restrict the operation of restaurants, bars and other businesses and prevent American people from risking leaving their homes. 

The United States has lost 9.8 million jobs since February 2020.