BACK ON TRACK: Unemployment Claims Hit New Low, No Thanks to Republicans
April 22, 2021
Jobless claims hit their lowest level last week since the start of the pandemic, spurred on by President Biden’s American Rescue Plan that every single Republican opposed.
Last week was the second successive week of record low pandemic-era unemployment claims, encouraging signs for the economic recovery.
CNN: “Claims for unemployment benefits went down more than expected last week. That’s good news. Economists are confident that the labor market recovery will gather speed as the economy reopens fully and more people get vaccinated.”
CBS News: “The number of Americans filing for first-time jobless aid last week fell to its lowest level since the COVID-19 pandemic erupted in 2020, a sign layoffs are easing as the economy recovers. Some 547,000 people applied for unemployment benefits in the week ended April 17, the Labor Department said Thursday. That’s 39,000 fewer than the previous week and the lowest weekly number since March 14, 2020.”
This comes as a whopping 90% of small business owners are confident their businesses will survive the pandemic, thanks to President Biden’s leadership.
Axios: “Nearly 90% of small business owners say they are confident their shops will survive — compared to the 68% that said so this time last year, according to a new survey by Goldman Sachs.”
President Biden has delivered on his promise, ahead of schedule, to administer over 200 million vaccines in his first 100 days, and his administration continues to increase access–helping our country return to normal.
NPR: “Biden Says Goal Of 200 Million COVID-19 Vaccinations In 100 Days Has Been Met”
NBC News: “FEMA is deploying 30 of these different vaccination clinics on wheels, all across the country targeting what they call ‘vaccination deserts.’ Those are more rural areas that might not have as much access to vaccines.”