Each week, the number of people filing new claims for unemployment insurance is reported. The number of claims fell last week to the lowest level in six weeks. This shows that perhaps more people are getting jobs, and/or not as many people are losing their jobs and having to file for UI.
We are headed in the right direction.
This is some good news, especially since we keep hearing that unemployment rates are still high in a number of different areas. The question is though, what is driving this decline in unemployment insurance? and will it continue?
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