13.8M Americans Receiving Unemployment Benefits 850K Jobs Added In June
The U.S. economy is rebounding following the onset of the pandemic. However, as employers post more job openings, they are struggling to fill positions due to a national worker shortage. Some people are still receiving unemployment such as the temporary weekly $300 benefit alongside regular state aid. About half of the states are planning to end the $300 benefit by the end of July. “As life normalizes and the service sector continues to gain momentum, we expect initial jobless claims to remain in a downtrend,” U....