Jobless claim data underscores employment crisis awaiting Biden

Washington (AFP) – Government data released the day after Joe Biden entered the White House made clear the scale of the employment crisis facing the new US president as the country struggles to make it through the Covid-19 pandemic.  The United States saw 900,000 new filings for unemployment benefits last week, the Labor Department said Thursday, a massive number that remains well above the single worst week of the 2008-2010 global financial crisis, during which Biden served as vice president under Barack Obama. Economists had been expecting a sharper drop in seasonally adjusted claims in the …

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