The Sift Here’s what we’re Sifting today

Jobless claims at lowest since pandemic

by Rachel Lynn Aldrich
Posted 3/25/21, 05:20 pm

Some 684,000 Americans applied for unemployment benefits last week, according to Thursday’s report from the Labor Department. That’s a sharp drop from the week before and the fewest since the COVID-19 pandemic began a year ago.

Is the economy getting better? The economy added twice the number of jobs in February as in January, a shift economists hope will become a long-term trend. But 18.9 million people are still collecting unemployment benefits, putting the U.S. unemployment rate at 6.2 percent.

Dig deeper: Read Harvest Prude’s analysis in The Stew of the latest COVID-19 relief package signed by President Joe Biden.

Read more from The Sift Sign up for The Sift email
Rachel Lynn Aldrich

Rachel is an assistant editor for WORLD Digital. She is a Patrick Henry College and World Journalism Institute graduate. Rachel resides with her husband in Wheaton, Ill.

Read more from this writer


You must be a WORLD Member and logged in to the website to comment.
    Posted: Fri, 03/26/2021 05:29 pm

    Target is offering $15/hr.

    If I needed a job, I'd go there.