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U.S. weekly jobless claims remain high, second wave of layoffs blamed

A second wave of layoffs amid weak demand and fractured supply chains is likely keeping new U.S. applications for unemployment benefits elevated, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: layoffs, second, recession, COVID-19, recovery, difficult, faces, economy, views, supporting, elevated, benefits, unemployment, applications, keeping, likely, chains, supply, fractured, demand, blamed, remain, claims, jobless, weekly

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/dJF9uooxz_0/u-s-weekly-jobless-claims-remain-high-second-wave-of-layoffs-blamed-idUSKBN23P0G2

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