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US jobless claims hit 3-month high: Stay home or back to office?
The back and forth of the pandemic caused unprecedented impact not only on the economy but also on the labor market. The U.S. weekly jobless Show More
The back and forth of the pandemic caused unprecedented impact not only on the economy but also on the labor market. The U.S. weekly jobless claims increased 55,000 to 286,000, hitting a 3-month high. The number of Americans quitting their jobs rose to 4.5 million, a record high, in November while job openings stayed stubbornly above pre-pandemic levels.
On the one hand, businesses may have to raise wages to tackle the labor shortage. On the other hand, quit rates may give Americans access to better employment opportunities.
What do you think are the meanings behind record jobless claims? Would you prefer staying home or getting back to the office?
Reward: leave your comment before Jan 26, and 6 mooers will win 600 points! (based on originality and quality)
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