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Unemployment claims lowest they’ve been since 2019

hiring difficulties persist
Rachel Mucha
by Rachel Mucha
October 15, 2021
1 minute read
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Here’s another promising sign that life is slowly returning to normal.

During the week of Oct. 9, 293,000 people filed new unemployment benefits claims. This is the lowest number of claims since before the pandemic. Back in 2019, the weekly average consistently hovered around 200,000.

Hiring difficulties

The total number of those filing for unemployment benefits fell to 2.5 million, which is the lowest it’s been since the pandemic started. However, this number is still higher than it was back in 2019, where the average amount of continuing claims was about 1.6 million.

Despite millions being unemployed, employers are still having difficulty hiring. Back in August, there were over 10 million job openings — several times the amount of unemployed people. Experts note hiring issues are currently affecting the labor market most, as opposed to layoffs, which were the main problem during the height of the pandemic.

Rachel Mucha
Rachel Mucha
Rachel writes about Human Resource management and has been a member of the HRMorning staff since 2017. She is a graduate of Ithaca College.

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