Martha C. White - NBC News
Claims for unemployment benefits in the last week of August were 881,000, below analysts' estimates, and marks the lowest weekly total since the pandemic began, the Labor Department reported Thursday.
The White House and the Democrats reconnect for the stimulus plan while another million workers request unemployment benefits
Although President Donald Trump has bragged on Twitter of soaring job earnings in the past three months, economists say this ignores the inescapable fact that the economy has lost nearly 13 million jobs since February and businesses, which They are the main engine of job growth in the United States, they continue to lose ground.
"The fact is, these are extremely high numbers and we have to prepare for further job losses in the coming weeks and months," said Mark Hamrick, senior economic analyst at Bankrate.com.
Trump signs executive orders to extend aid.
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"Small businesses account for 65 percent of all new jobs created," said Eric Groves, co-founder and CEO of the technology company, which spotted an alarming new trend: owners anticipate more layoffs.
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