Home Business Weekly jobless claims fall below 300,000 for first time since pandemic

Weekly jobless claims fall below 300,000 for first time since pandemic

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In March and April of 2020, more than 20 million workers lost their jobs ― at one point totaling more than a million a day ― as pandemic-inflicted closures took their toll on the country’s service-centric economy. In the 18 months since, the jobless ranks have shrunk significantly, but companies have had trouble filling openings even for unskilled jobs like food service. For workers, the shortage means wages are rising in some surprising places.

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