U.S. Jobless Benefit Claims Drop to 52-Year Low

Chosun Ilbo | Nov 25, 2021 at 9:16 AM
  • First-time claims for U.S. unemployment compensation dropped sharply last week to a 52-year low, easily falling below the figure recorded at the start of the coronavirus pandemic that has played havoc with the U.S. economy over the last 20 months, the Labor Department reported Wednesday
  • The delta variant of the coronavirus continues to pose a threat to the recovery.
  • The president has mandated that 84 million workers at companies with 100 or more employees get vaccinated by Jan. 4 or be tested frequently, but the order is being contested in a raft of lawsuits that have yet to be decided.