The number of Americans signing up for unemployment benefits — a proxy for layoffs — has stabilised in a low range of mostly 200,000 to 250,000 a week since the US economy emerged from a brief but nasty pandemic recession in 2020.
The number of Americans signing up for unemployment benefits — a proxy for layoffs — has stabilised in a low range of mostly 200,000 to 250,000 a week since the US economy emerged from a brief but nasty pandemic recession in 2020.