People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease , at an Arkansas Workforce Center in Fayetteville, Arkansas April 6, 2020. — Reuters picWASHINGTON, May 13 — Fewer Americans filed new claims for unemployment benefits last week, as companies held on to their workers amid the growing labour shortage that helped to curb job growth in April.
Generous unemployment benefits, fears of catching Covid-19, parents staying home to care for children and raw material shortages as well as pandemic-related retirements and career changes have been blamed for the disconnect. The economy created 266,000 jobs in April after adding 770,000 in March, the government reported last week.
The government has provided nearly US$6 trillion in pandemic relief over the past year. More than a third of the population has been fully vaccinated, leading many states to lift most capacity restrictions on businesses.
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