November 19, 2020

As Covid-19 cases rise in US, jobless claims follow

Washington (AFP) – The United States saw a sharp increase in new filings for jobless benefits last week, a sign that the unemployment crisis could be intensifying again as the world’s largest economy weathers a surge in Covid-19 infections.The worrying increase comes as lawmakers in Washington remain at an impasse on enacting another stimulus spending measure, meaning the extra payments to the unemployed and loans and grants to small businesses that helped the economy through the early months of the pandemic are yet to return.The Labor Department on Thursday reported a seasonally adjusted 742,…

source https://this.kiji.is/en/702182552039982177?c=648607265489716321

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