Today News Africa is the number one U.S.-Africa news agency based in Washington. Subscribe below to gain full access to our premium articles, exclusive documents and analyses.
“Today, we learned that the number of Americans filing new claims for unemployment has fallen below 300,000 for the first time since the pandemic began — a drop of more than 60 percent since I took office, and the lowest weekly figure since March 14, 2020. While this is just one week, the fact that the four-week average declined is yet another sign of progress. With wages rising and our unemployment rate back below 5 percent for the first time since the pandemic struck, it is clear that our economy is getting back to normal despite the global challenges posed by the Delta variant,” President Biden said in a statement on Thursday.
