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Washington (Reuters) – A few days before the US presidential election, there are no signs of a radical recovery in the labor market.
A total of 751,000 Americans filed their first state unemployment benefit last week, less than the previous week, the Washington Department of Labor announced Thursday. Economists interviewed by Reuters expected a total of 775,000. Despite the decline, the number of requests for government support remains very high by US standards: the most significant four-week average was 788,000.
In the wake of the corona pandemic, more than 22 million jobs have been lost, of which only a good half have been created so far. With this mortgage, US President Donald Trump will run for the White House on November 3. He had once promised his constituents that he would be “the greatest labor producing president of the United States” that God had ever created. According to polls, Trump’s Democratic challenger Joe Biden has recently been pro-voters.
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