jobless rate
US jobless claims jump to highest level since August in sign of weakening labor market
Initial filings for unemployment benefits in the US climbed to their highest level since August 2023 -- a sign that the robust American labor market is cooling. Initial jobless claims...
New US jobless claims rise again as labor market cools
New state unemployment benefit claims rose by 12,000 last week to 218,000, according to the Labor Department. A Reuters poll showed economists expected an increase to 210,000 initial claims for...
Why America seems destined for stagflation
Welcome (back) to stagflation — a nasty combo that last hit under President Jimmy Carter, back when Joe Biden was a young senator.
Weekly jobless claims fall again as labor market remains tight
Jobless claims in the US declined by 5,000 to 180,000 for the week ending April 23, the Labor Department reported Thursday. First-time applications generally reflect the number of layoffs.
GDP drops 1.4%, US economy shrinks for first time since 2020
The US economy contracted by 1.4% for the first time since the pandemic-induced recession began two years ago.
Jobless claims unexpectedly rise to 248K in latest report
The number of Americans filing new claims for jobless benefits unexpectedly rose last week, but remained at levels associated with tightening labor market conditions. Initial claims for state unemployment benefits increased 23,000 to a seasonally adjusted 248,000 for the...
US jobless claims drop for third week with Omicron decline
The number of Americans applying for unemployment benefits declined for the third straight week.
Weekly jobless claims drop more than expected during Omicron variant
Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 238,000 for the week ended Jan. 29, the Labor Department said on Thursday.
US jobless claims jump to 230K during Omicron surge
The number of US workers filing unemployment claims ticked higher this week as employers contend with the ongoing Omicron variant surge, according to weekly data on jobless claims released Thursday.
US jobless claims unchanged at 205,000 amid fears Omicron could trigger layoffs
The number of Americans applying for unemployment benefits was unchanged last week, remaining at a historically low level that reflects the job market's strong recovery from the coronavirus recession last...
New jobless claims plummet again to 184,000, lowest level in 52 years
Initial filings for unemployment benefits, seen as a proxy for layoffs, dropped by 43,000 from the prior week’s revised level of 227,000, according to data released Thursday by the Labor...
New jobless claims shoot back up to 222K after record-low report
The number of Americans newly seeking jobless benefits last week shot back up, after plummeting below pre-pandemic levels ahead of the Thanksgiving holiday, the feds said Thursday.
New jobless claims plummet to 199K, lowest level in 52 years
The number of Americans newly seeking jobless benefits dropped again last week, inching closer to pre-pandemic levels amid the historically tight labor market, the feds said Wednesday.
New jobless claims again inch lower toward pre-pandemic level
The number of Americans newly seeking jobless benefits dropped again last week, inching closer to pre-pandemic levels amid the historically tight labor market.
New jobless claims fall again, inch closer to pre-pandemic level
Economists surveyed by Dow Jones expected to see new claims edge down to 275,000 after seeing three consecutive weeks of surprisingly large decreases.
Jobless claims fall again to new pandemic-era low amid tight labor market
Economists surveyed by Dow Jones expected new claims edge up to 300,000 after seeing two consecutive weeks of surprisingly large decreases.
New jobless claims unexpectedly rise again even as COVID cases fall
The number of Americans newly seeking jobless benefits fell last week as the summer surge in COVID-19 cases driven by the Delta variant appears to have peaked and begins to...
New jobless claims unexpectedly rise to 351K amid Delta variant concerns
The country added only 235,000 jobs last month, falling way short of expectations and stoking concerns that the economic recovery is stalling out.
3.3M workers remain on jobless benefits as new claims unexpectedly rise
More than 3.3 million Americans are still on traditional state unemployment benefits as the number of people seeking new claims ticked slightly up last week, the feds said Thursday.
Jobs stunner: New claims unexpectedly rise for first time since April
The number of Americans seeking new jobless claims rose last week, shattering six straight weeks of declines, the feds said Thursday. New filings for jobless claims, seen as a proxy...