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Monday, January 24, 2022

California Unemployment Claims Dropped Near Pre-COVID Level

California’s initial jobless claims fell to their lowest level since shutting down businesses last spring to tackle the coronavirus, a significant improvement for the state’s shaky job market.

On Thursday, the US Labor Department said that in the week ended November 27, Californian workers filed 47,900 initial jobless claims, down 4,600 from the previous week.

California jobless claims have declined in five of the past six weeks, a steady improvement in the ever-observed health barometer or weakness in the statewide job market.

However, across the country, workers filed 222,000 initial jobless claims, up 28,000 from a week earlier, the Labor Department said.

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California’s upfront claims are now just 7% higher than the typical weekly total during the days when the state’s economy was completely healthy.

World Nation News Deskhttps://www.worldnationnews.com
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