General News
Meropi Kyriacou Honored as TNH Educator of the Year
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
WASHINGTON — The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening as the virus wanes and economy further reopens.
Thursday's report from the Labor Department showed that applications declined 38,000 from 444,000 a week earlier. The number of weekly applications for jobless aid — a rough measure of the pace of layoffs — has fallen by more than half since January.
The decline in applications reflects a swift rebound in economic growth. The government separately estimated Thursday that the economy expanded at a strong annual pace of 6.4% in the first three months of this year, unchanged from its initial estimate. More Americans are venturing out to shop, travel, dine out and congregate at entertainment venues. All that renewed spending has led companies to seek new workers, which helps explain why a record number of jobs is now being advertised.
Yet many businesses complain that they can't find enough applicants for all those open jobs, even though the unemployment rate remains 6.1%, well above the 3.5% rate that prevailed before the pandemic struck in March of last year. Job growth slowed sharply last month compared with March, a surprise pullback that was largely ascribed to a labor shortage in some industries.
Economists blame a range of factors for the shortfall of workers, including an extra $300-a-week payment that people receiving jobless aid have been able to get, on top of their state unemployment check, since March. The federal benefit was included in President Joe Biden's $1.9 trillion rescue package. With many people able to earn more from their combined federal and state jobless aid than from their former jobs, the extra income has likely discouraged some of the unemployed from seeking work, some analysts say.
Other people remain reluctant to take jobs in restaurants, hotels and other service industries for fear of contracting COVID-19. And some women can't return to work without adequate child care, though recent research by two economists found the impact of this factor to be relatively small.
Complaints from businesses that they can't find enough workers have led most Republican governors to curtail unemployment aid. Twenty-four states, including such populous ones as Texas, Florida, Georgia and Arizona, have said they will stop paying out the supplemental $300-a-week federal jobless payment beginning in June.
Twenty of those states also say they will stop participating in two emergency programs. One of those programs covers self-employed and gig workers. The other provides aid to people who have been unemployed for more than six months. The cutoffs of those two programs could cost at least 2.5 million people all their jobless aid.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
TAMPA, Fla. (AP) — Hurricane Milton barreled into the Atlantic Ocean on Thursday after plowing across Florida as a Category 3 storm, pounding cities with ferocious winds and rain, whipping up a barrage of tornadoes and causing an unknown numbers of deaths.
BOSTON – On the morning of Thursday, October 10, Florida resembled a vast lake due to the terrible and fearsome passage of Hurricane Milton, which pounded the area for nine hours on Wednesday night, as described to Τhe National Herald by Father Stavros Akrotirianakis, presiding priest of St.
LONDON - Lee Carsley ran into the first problems of his tenure as England's interim coach after a bold team selection backfired in a 2-1 home loss to Greece in the Nations League on Thursday.
PITTSBURGH (AP) — Former President Barack Obama gave a blistering critique of his White House successor Donald Trump and urged Black men to show up for Kamala Harris as he campaigned in Pittsburgh on Thursday at the start of a swing-state tour for the Democratic ticket.
Panagiota Panousopoulos, affectionately known as Toula, was born in the village of Menidi on March 10, 1935 and grew up in Kalamata, Greece.