Unemployment U.S. complaints, dismissal agent, on new epidemic | Business and Financial Issues

The unemployment rate in the US fell to 364,000 last month, the lowest in 16 months as the labor market continues to recover.

The labor market in the United States brought surprises on Thursday.

The number of Americans applying for unemployment benefits dropped by 51,000 last week and a new epidemic of 364,000, the U.S. Department of Labor said.

The figures were better than economists expect and show that the U.S. labor market continues to recover as coronavirus vaccine prices rise, trade-offs – COVID-19 return, and American consumers – whose income drives two-thirds of the U.S. economy – out of hiding.

The number of Americans who are currently receiving unemployment benefits from countries – stones known to continue to say – rose by 56,000 last week on June 19 to 3.46 million.

Work-related claims – dismissal agents – are still at the top of about 220,000, but have been on the rise for the rest of the year, only to be posted two weeks from early April.

“After President Biden took office [in January], more than 800,000 cases of unemployment were filed almost every week – and the number was cut in half, “the White House told reporters Thursday.

“This is a new indication that the President’s vision is to rebuild the economy.”

Due to the changing labor market, however, the support of the unemployed in this country has become a hot topic as businesses in the country are scrambling to recruit enough workers to create and increase employment.

In April, there were about 9.3 million jobs – long history. However, in May, there were 9.3 million unemployed people in the US.

Some believe that the unemployment benefit program, which includes $ 300 a week, is a way to make it easier for the unemployed.

More than a dozen countries have announced their withdrawal from government programs for the first time – and some have begun – to name businesses that are struggling to find enough workers to meet their needs.

But economists also point out other factors that could lead to unemployment – such as a lack of childcare, early retirement, borrowing, and fear of getting COVID-19.

All eyes are on Friday as the Labor Department releases its full June report.