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US. – Weekly unemployment in the US is the lowest since 1969

U.S.A.US. - Weekly unemployment in the US is the...

Madrid, 24 (Europa Press)

The number of initial applications for unemployment benefits in the United States fell last week to a total of 199,000 applications, a figure that is a decrease of 71,000 claimants compared to the previous seven days and the lowest since mid-November 1969. Labour Department.

The data, published a day earlier than usual on the Thanksgiving holiday that the US will celebrate this Thursday, improves the weekly unemployment record before the pandemic to a little over 200,000 requests for subsidies per week, and leaves far behind. Gives 6 lakh weekly layoffs between the end of March and the beginning of April 2020.

The moving average for the past four weeks stood at 252,250 initial applications for unemployment aid, representing a decrease of 21,000 applications compared to the previous week, reaching the lowest level since mid-March 2020.

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For its part, the number of beneficiaries of unemployment aid in the country fell by 60,000 people in the week ended November 13, totaling 2,049 million, the lowest figure since mid-March 2020.

The US unemployment rate stood at 4.6% last October, two tenths lower than the figure recorded the previous month, after 531,000 jobs were created compared to 312,000 created in September.

Since May 2020, the US economy has regained 18.2 million non-farm jobs, more than 81% of the jobs that were destroyed in the crisis. The United States still has to recover 4.2 million jobs to return to the level that the labor market recorded before the impact of COVID-19.

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