U.S. jobless claims drop 23,000 to 238,000 as omicron wave recedes
The numbers: New requests for U.S. unemployment benefits fell for the second week in a row to 238,000, as the record omicron wave receded and more people were able to go back to work.
Big picture: The economy was walloped last month by the fast-spreading omicron strain of the coronavirus. Almost 9 million people missed time from work, another government report found. Even so, businesses are still grappling with a broad labor shortage that existed before omicron and is likely to persist.
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With Omicron Wave Falling Fast, Officials Say COVID-19 Mitigations Could Soon Be Relaxed In ChicagoLast month, proof of vaccination mandates went into place for restaurants, bars, gyms, and other venues across the Chicago area. But as CBS 2’s Chris Tye reported Tuesday, they could soon be going away.
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Layoffs hit record low as workers remain in the driver’s seatLayoffs dropped to 1.2M in December, the lowest since the Bureau of Labor Statistics began tracking.
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Tokyo's daily COVID-19 infections exceed 20,000 for first timeTokyo's new COVID-19 cases exceeded 20,000 for the first time on Wednesday, dimming hopes that an Omicron-fuelled wave of infections in Japan is peaking out.
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‘Stealth’ Omicron Sub-Variant Detected In 57 Countries, WHO SaysI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
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Omicron Subvariant Doesn’t Make People Sicker Than Original Omicron, WHO SaysWhile studies indicate the Omicron subvariant spreads more easily than the highly transmissible original Omicron variant, there’s no evidence the subvariant makes people any sicker, a World Health Organization official said.
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