COVID economy: California unemployment claims drop sharply

COVID economy: California unemployment claims drop sharply

3 years ago
Anonymous $y15ULlV7sG

https://www.siliconvalley.com/2021/01/21/covid-economy-california-unemployment-claims-sharp-drop-jobs-layoff-edd/

Initial unemployment claims in California decreased sharply during the most recent reported week and fell to their lowest level in 10 months, a federal report released Thursday shows, marking a rare bright spot for the state’s economy while the coronavirus rages on.

An estimated 123,970 California workers filed first-time jobless claims during the week that ended Jan. 16, which was down 58,655 from the 182,625 workers who filed initial claims in the week that ended Jan. 9, the U.S. Labor Department reported.