Weekly requests for unemployment benefits in the US fell to 473,000, the lowest number since the pandemic.

Weekly%20requests%20for%20unemployment%20benefits%20in%20the%20US%20fell%20to%20473%2C000%2C%20the%20lowest%20number%20since%20the%20pandemic.
source: usnews.com

Weekly requests for unemployment benefits in the US fell to 473,000, the lowest number since the pandemic.

This was reported this Thursday by the Department of Labor of the North American country.

The Department of Labor said Thursday that the number of Americans applying for new unemployment benefits has steadily fallen and fallen below half a million, according to the Labor Department.

According to data released by the Labor Department, initial claims for unemployment benefits, seen as a sign of layoffs, reached 473,000 last week, down from the revised total of 507,000 reported the previous week.

The total number of people receiving government assistance remains high, with more than 16.8 million requests for ongoing assistance.

The average number of applications in four weeks, which compensates for the weekly ups and downs, fell to 534,000 compared to 560,000 the previous week.

According to figures from the Office of the Labor, job creation unexpectedly came to a halt in the United States in April with 266,000 new jobs, while the unemployment rate rose to 6.1%, one-tenth more than in March, according to figures from the Office of the Labor Statistics (BLS, for its figures in English).

The figure below the million jobs that analysts expected broke with the downward trend registered in recent months as the economic recovery in the US consolidates.

The number of people receiving this benefit fell below four million for the first time in a year in the week ending March 14.

These data were released two days after the White House rejected that the reinforcement of unemployment benefits is one of the main causes of the weak job creation registered in April in the US by discouraging the search for work and pointed to the persistence of the pandemic.

Presidential spokeswoman Jen Psaki defended herself against criticism from the Republican opposition, who have claimed that government aid makes citizens prefer not to work.

The president of the United States, Joe Biden, referred to the issue last Monday, noting that the "law is clear" so that whoever "rejects" a "suitable" job will not be able to continue receiving unemployment benefits.

Although Biden showed that, for now, he does not see "proof of this.