Voice of America
25 Nov 2020, 23:35 GMT+10
WASHINGTON - U.S. unemployment benefit claims are on the rise again, increasing last week for the second week in a row, the Labor Department reported Wednesday.
With the country's recent surge in coronavirus cases posing a new threat to the world's biggest economy, a total of 778,000 jobless workers filed new applications for jobless compensation, up 30,000 from the revised figure of the week before.
It was the sixth straight week the number fell below 800,000 but remained above the highest pre-pandemic figure in records that date to the 1960s. It also was the first time since July that claims had risen in back-to-back weeks.
A total of 6.1 million workers remain unemployed, translating to a 4.1% jobless rate for the second week in November, the Labor Department said.
The unemployment rate is a marked improvement from the pandemic low point - a 14.7% jobless rate in April. But with more than a million new coronavirus cases being recorded in the U.S. each of the last two weeks, state governors and municipal officials have been imposing new restrictions on business activity, after lifting similar curbs month ago, as the virus seemed to ebb.
The new restrictions could portend more U.S. workers being laid off in the coming weeks as retail stores cut the hours they are open, restaurants close and entertainment and arts centers cancel live shows. The approaching colder winter weather in the U.S. also means that fewer outdoor gatherings are possible.
Numerous health officials are urging Americans to stay home this week in advance of Thursday's annual Thanksgiving holiday, normally a time when millions of people travel long distances to visit relatives.
Many people are heeding the advice, but millions are not, packing airports across the country this week.
U.S. President-elect Joe Biden has called for passage of a new coronavirus relief package by the end of the year, three weeks before he is inaugurated on January 20. Such a measure could include a new round of $1,200 checks to most adult Americans and restoration of some federal jobless aid on top of less generous state-by-state assistance.
But the fate of such legislation is uncertain at best and may not occur before Biden takes office. Fractious Democratic and Republican lawmakers are at odds over the extent of the aid and who exactly should benefit. Democrats want extensive assistance for state and local governments, Republicans much less so.
The country's Commerce Department reported a month ago that the U.S. economy surged at an annualized 33.1% rate from July to September and confirmed the figure in a second reading released Wednesday. The U.S. economy had contracted 31.4% in the April-to-June period as the first wave of the coronavirus pandemic swept through the country.
But analysts believe that U.S. economic growth will end up being slower in the last three months of the year, especially if business restrictions are markedly increased, such as renewed limitations on indoor seating at restaurants.
Government officials have been reluctant to curtail business activity as much as they did in the March-to-June period. But as the virus spreads, some state governors who refused to impose earlier restrictions now are ordering limitations.
In addition, some consumers have shunned in-store shopping or eating in restaurants, and many entertainment events have been canceled for months, contributing to the jobless rate.
Get a daily dose of Entertainment Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Entertainment Sun.
More InformationATLANTA, Georgia: The United States is facing its worst measles outbreak in more than three decades, with 1,288 confirmed cases so...
In the past month alone, 23 Israeli soldiers have been killed in Gaza—three more than the number of remaining living hostages held...
LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
Washington, DC [US], July 12 (ANI): Fans of Colleen Hoover will have to wait a little longer to see the much-anticipated film adaptation...
Mumbai (Maharashtra) [India], July 12 (ANI): The makers of the upcoming Telugu film 'Peddi' unveiled Kannada star Shiva Rajkumar's...
Mumbai (Maharashtra) [India], July 12 (ANI): It was the monsoon of 2002 when 'Devdas' first hit theatres, and cinema was never the...
Mumbai (Maharashtra) [India], July 12 (ANI): The restored 4K version of Do Bigha Zamin (1953), directed by Bimal Roy, will have its...
Mumbai (Maharashtra) [India], July 12 (ANI): Actor and Bigg Boss 18 winner Karan Veer Mehra is all set to play a dark role in the upcoming...