Saturday, November 16

Unemployment Assistance Claims Fall to Low Level in Pandemic


The figure released reveals that seasonally adjusted requests fell to 34, 000 based on the Immediate figure of the previous week, which was represented up to 507, 000

Caen las solicitudes de ayuda por desempleo a un nivel mínimo en la pandemia
Experts assure that as the vaccination and the economy reactivates applications will decrease considerably.

Photo: Win McNamee / Getty Images

Luis Diaz

The Department of Labor reported that applications for unemployment assistance for the first week of May established a minimum level in the context of the pandemic when registering 473, 03 . This represents a considerable drop considering previous weeks.

The figure released by the federal agency reveals that seasonally adjusted requests fell to 34, 000 based on the immediate figure of the previous week, which was represented up to 507, 000.

Based on official information, there is a slight increase in Unemployment Assistance Pandemic, emergency program that expanded benefits for self-employed workers .

Therefore, the Department of Labor reported that applications for this program increased by 1, 756, having a final number of 100, 571 nationwide. This data shows that .

The information reported by the agency, contrasts with the meager numbers represented by the job creation for the month of April , which was announced last Friday.

The employment data prompted Republicans to speak out to reduce emergency unemployment benefits, as according to them, are encouraging people to lose their jobs.

Beyond the Republican position, according to analysts, applications for unemployment assistance will gradually go down , since the advance in vaccination and economic reactivation are latent.

Even President Joe Biden in his speech of the 10 May to the nation externalized that the r The recovery in the country is on course and is solid, since after the crisis caused by the pandemic there had not been growth as the one now in 54 years .

In addition to this, various Companies in the retail and restaurant industries have announced that the employees of their workforce will have increases in the minimum wage and with this it is intended to motivate citizens to return to work.

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