Unemployment claims drop to lowest level since pandemic hit
September 10, 2021
The numbers of Americans filing first time unemployment claims fell to 310,000 last week, the lowest level since the pandemic began in the U.S. last year. Unemployment claims, which were revised downward to 345,000 for the week before, continue moving closer to pre-pandemic levels of around 225,000 claims per week.
Recent News
Hotel Industry Converts Vacant Offices and Homes To Meet Rising Demand
Hotel executives are increasingly turning their attention to vacant office and residential buildings as a solution to the current supply-demand imbalance in the hospitality industry.
McDonald’s Loses EU ‘Chicken Big Mac’ Trademark
A European court sided with McDonald’s Irish fast-food rival over a Chicken Big Mac product.
Male Birth Control Gel Shows Promise in Clinical Trials
This groundbreaking medication could change contraception choices for couples.
AI in Finance Could Lower Costs but Add Risks
In an upcoming speech at the Financial Stability Oversight Council (FSOC) and Brookings Institution AI conference, U.S. Treasury Secretary Janet Yellen is set to address the dual-edged nature of artificial intelligence (AI) in the financial sector.