Unemployment claims rise after pandemic low
WASHINGTON — The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that worsening COVID-19 infections may have slightly increased layoffs. Applications for jobless aid rose from 312,000 the week before, the Labor Department said Thursday. Jobless claims, which generally track the pace of layoffs, have fallen steadily for two months as many employers, struggling to fill jobs, have held onto their employees.
Ford adding jobs to meet demand for electric truck
DEARBORN, Mich. — Ford plans to spend $250 million and add 450 jobs at three Michigan plants to meet demand for the new F-150 Lightning. Kumar Galhotra, Ford’s president of the Americas, said Ford already has taken more than 150,000 reservations for the new electric version of its immensely popular F-150 pickup truck. Galhotra made the announcement Thursday at the new Rouge Electric Vehicle Center in the automaker’s hometown of Dearborn, where the first pre-production trucks are being made. Ford officials hope the F-150 Lightning will be the catalyst that hastens America’s transition from gasoline to battery-powered vehicles.