US Weekly Jobless Claims at 793,000 Last Week Amid COVID-19 Crisis, Labour Department Says

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WASHINGTON (Sputnik) – Some 793,000 Americans filed for jobless claims last week, Labor Department data showed on Thursday, demonstrating the job market’s continued difficulty in turning the corner from the coronavirus pandemic.

“In the week ending 6 February the advance figure for seasonally adjusted initial claims was 793,000,  a decrease of 19,000 from the previous week’s revised level”, the department said in a news release.

According to previous reports, the US lost more than 21 million jobs between March and April, at the height of business lockdowns forced by the coronavirus.

The job market made a rebound, as 2.5 million jobs was logged in May and 4.8 million in June before the recovery began slowing. For both September and October, fewer than 700,000 jobs were added each month. In November, there were just 245,000 additions, while December saw a loss of 140,000 jobs — the first such decline since April.

Sputnik

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