That's just great:
The number of workers receiving unemployment benefits fell for the first time since February and new weekly claims continued to ease, offering evidence that layoffs related to the coronavirus pandemic are slowing.Because employers are running out of people to lay off.
Initial claims for unemployment benefits declined to a seasonally adjusted 2.1 million last week from 2.4 million the prior week, the Labor Department said. The level of claims is still 10 times prepandemic levels but has fallen for eight straight weeks.
I will note that the recovery is not likely to be strong, because the people who are looking for work won't have the resources to buy sh%$ once they find a new job.