Please ensure Javascript is enabled for purposes of website accessibility
US Unemployment Claims Fall to 376,000, Sixth Straight Drop
gvw_ap_news
By Associated Press
Published 3 years ago on
June 10, 2021

Share

WASHINGTON — The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy, held back for months by the coronavirus pandemic, reopens rapidly.

Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday. The number of people signing up for benefits exceeded 900,000 in early January and has fallen more or less steadily ever since. Still, claims are high by historic standards. Before the pandemic brought economic activity to a near-standstill in March 2020, weekly applications were regularly coming in below 220,000.

Nearly 3.5 million people were receiving traditional state unemployment benefits the week of May 29, down by 258,000 from 3.8 million the week before.

Businesses are reopening rapidly as the rollout of vaccines allows Americans to feel more comfortable returning to restaurants, bars and shops. The Labor Department reported Tuesday that job openings hit a record 9.3 million in April. Layoffs dropped to 1.4 million, lowest in records dating back to 2000; 4 million quit their jobs in April, another record and a sign that they are confident enough in their prospects to try something new.

Job Vacancies Posted Faster Than Applicants Can Fill Them

“As life normalizes and the service sector continues to gain momentum, we expect initial jobless claims to continue to trend lower,″ said Joshua Shapiro, chief U.S. economist at the economic and financial consulting firm Maria Fiorini Ramirez, Inc.

In May, the U.S. economy generated 559,000 million new jobs, and the unemployment rate dropped to 5.8% from 6.1% in April. Many economists expected to see even faster job growth. The United States is still short 7.6 million jobs from where it stood in February 2020.

But employers are posting vacancies faster than would-be applicants can fill them. Many Americans are contending with health and childcare issues related to COVID-19 and with career uncertainty after the coronavirus recession wiped out many jobs for good. Some are taking their time looking for work because expanded federal jobless benefits pay more than their old jobs.

Many states are scheduled to begin dropping the federal benefits this month. Altogether, 15.3 million people were receiving some type of jobless aid the week of May 22; a year earlier, the number exceeded 30 million.

RELATED TOPICS:

DON'T MISS

Paul McCartney Becomes Britain’s First Billionaire Musician

DON'T MISS

California Cracked Down After a Crash Killed 13 Farmworkers. Why Are Workers Still Dying on the Road?

DON'T MISS

These Rare Chainsaws Are Worth Big Bucks to Collectors

DON'T MISS

Jewish Lobby Presses California Lawmakers to Combat Antisemitism

DON'T MISS

Opinion: How Urban Renewal Ruined Everything

DON'T MISS

California Wine Squeezed Dry: Insiders Say It’s Time to Pull up Acreage

DON'T MISS

Alabama Mercedes Employees Overwhelmingly Vote Against Joining Union, Slowing UAW Effort in South

DON'T MISS

Stock Market Today: Dow Finishes Above 40,000 to Cap Wall Street’s Latest Winning Week

DON'T MISS

Where Do State Lawmakers Stand on War in Gaza, Campus Protests?

DON'T MISS

High-Speed Rail Now Working to Extend Valley Line to 171 Miles

UP NEXT

Billionaires Urged NYC Mayor to Use Police on Columbia Protesters, Chats Reveal

UP NEXT

Lainey Wilson Triumphs at 2024 Academy of Country Music Awards

UP NEXT

California Professor to Stand Trial for Death of Pro-Israel Protester

UP NEXT

Texas Governor Pardons Ex-Army Sergeant Convicted of Killing BLM Protester

UP NEXT

Justice Department Moves to Reclassify Marijuana as Less Dangerous Drug

UP NEXT

Suicide of 10-Year-Old Indiana Boy Linked to Horrific Bullying at School

UP NEXT

‘Mad Max’ Has Lived in George Miller’s Head for 45 Years. He’s Not Done Dreaming Yet.

UP NEXT

US Military Reports First Drop in Sexual Assaults After Years of Increase

UP NEXT

Biden, Trump Agree to Debates in June and September, Logistics Pose Challenges

UP NEXT

US Suggests Possibility of Penalties if Production of Chinese Electric Vehicles Moves to Mexico

Jewish Lobby Presses California Lawmakers to Combat Antisemitism

1 day ago

Opinion: How Urban Renewal Ruined Everything

1 day ago

California Wine Squeezed Dry: Insiders Say It’s Time to Pull up Acreage

1 day ago

Alabama Mercedes Employees Overwhelmingly Vote Against Joining Union, Slowing UAW Effort in South

1 day ago

Stock Market Today: Dow Finishes Above 40,000 to Cap Wall Street’s Latest Winning Week

1 day ago

Where Do State Lawmakers Stand on War in Gaza, Campus Protests?

1 day ago

High-Speed Rail Now Working to Extend Valley Line to 171 Miles

1 day ago

Beautify Fresno Combines Dog Adoption, Litter Removal in Unique Saturday Event

1 day ago

Bulldogs’ Gilmore Named MW Softball Pitcher of the Year

1 day ago

The Latest | Dozens of Israeli Protesters Attack a Truck in an Apparent Effort to Block Gaza Aid

1 day ago

Paul McCartney Becomes Britain’s First Billionaire Musician

LONDON — Paul McCartney is a billionaire Beatle. According to figures released Friday, the former member of the Fab Four is the first Britis...

12 hours ago

12 hours ago

Paul McCartney Becomes Britain’s First Billionaire Musician

13 hours ago

California Cracked Down After a Crash Killed 13 Farmworkers. Why Are Workers Still Dying on the Road?

14 hours ago

These Rare Chainsaws Are Worth Big Bucks to Collectors

1 day ago

Jewish Lobby Presses California Lawmakers to Combat Antisemitism

1 day ago

Opinion: How Urban Renewal Ruined Everything

1 day ago

California Wine Squeezed Dry: Insiders Say It’s Time to Pull up Acreage

1 day ago

Alabama Mercedes Employees Overwhelmingly Vote Against Joining Union, Slowing UAW Effort in South

1 day ago

Stock Market Today: Dow Finishes Above 40,000 to Cap Wall Street’s Latest Winning Week

MENU

CONNECT WITH US

Search

Send this to a friend