US jobless claims tick up from near a pandemic low

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US jobless claims tick up from near a pandemic low
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The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the delta variant of the coronavirus may be disrupting the job market’s recovery. Jobless claims rose by 16,000 from the previous week.

FILE - An Amazon truck drives in in Philadelphia, Friday, April 30, 2021. Amazon wants to hire 125,000 delivery and warehouse workers and said Tuesday, Sept. 14, 2021 that it is paying new hires an average of $18 an hour in a tight job market as more people shop online. The company is also offering pay sign-on bonuses of $3,000 in some parts of the country.

Thursday’s report from the Labor Department showed that jobless claims rose by 16,000 from the previous week. As the job market has strengthened, unemployment aid applications, which generally track layoffs, have tumbled since topping 900,000 early this year, reflecting the economy’s reopening after the pandemic recession.

America’s employers have rapidly increased their hiring since they slashed 22 million jobs in March and April 2020 as the pandemic — and the shutdowns meant to contain it — brought economic activity to a near-standstill. Since then, the economy has recovered about 17 million jobs as the rollout of vaccines encouraged businesses to open and expand hours and Americans to go back out to shop, travel and dine out.

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