AP Economics Writer WASHINGTON (AP) – The number of Americans seeking unemployment benefits rose by 45,000 last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the coronavirus recession.
Thursday’s report from the Labor Department showed that jobless claims climbed from 725,000 the week before.
The numbers have dropped sharply since the depths of the recession last spring but still show that employers in some industries continue to lay off workers.
Before the pandemic struck, applications for unemployment aid had never topped 700,000 in any one week.
The four-week average of claims, which smooths out weekly variations, dropped to 746,000, the lowest since late November.
(Copyright 2021 WBAP/KLIF. All rights reserved.)
