Fewer Americans file for jobless claims last week
2 years, 9 months ago

Fewer Americans file for jobless claims last week

Associated Press  

WASHINGTON — Fewer Americans applied for unemployment benefits last week as layoffs continue to fall amid a strong job market rebound. Jobless claims fell by 15,000 to 214,000 for the week ending March 12, down from the previous week’s 229,000, the Labor Department reported Thursday. The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest rate and signaling up to six additional rate hikes this year. Last week, the government reported that consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982.

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US applications for jobless benefits rise to highest level in 2 months but remain relatively low
1 week, 5 days ago

US applications for jobless benefits rise to highest level in 2 months but remain relatively low

Associated Press  

U.S. applications for unemployment benefits jumped to their highest level in two months last week but remain low relative to historical standards. This week’s report also showed that continuing claims, the total number of Americans collecting jobless benefits, rose by 15,000 to 1.89 million for the week of Nov. 30. The Fed has cut its benchmark rate at its last …

Number of Americans filing for jobless benefits falls again and hovers near 7-month lows
3 weeks, 6 days ago

Number of Americans filing for jobless benefits falls again and hovers near 7-month lows

Associated Press  

The number of Americans applying for unemployment benefits fell last week, remaining near seven-month lows. However, continuing claims, the total number of Americans collecting jobless benefits, rose by 9,000 to 1.91 million for the week of Nov. 16. While the number of new people applying for jobless aid each week remains at historically healthy levels, some who are receiving benefits …

U.S. applications for jobless benefits fall to 213,000, staying near 7-month lows
1 month ago

U.S. applications for jobless benefits fall to 213,000, staying near 7-month lows

LA Times  

Hiring signs are displayed at a restaurant in Buffalo Grove, Ill., on Nov. 3. The Labor Department reported Thursday that the number of jobless claim applications fell by 6,000, to 213,000, for the week of Nov. 16. However, continuing claims, the total number of Americans collecting jobless benefits, rose by 36,000, to 1.91 million, for the week of Nov. 9. …

US initial jobless claims dropped to lowest since May last week
1 month, 1 week ago

US initial jobless claims dropped to lowest since May last week

Hindustan Times  

Applications for US unemployment benefits fell to the lowest level since May last week, signaling there is still a healthy demand for workers after recent storms and strikes. US jobless applications data have been even more volatile than usual recently as Southeastern states recovered from two hurricanes and Boeing Co. workers ended a weeks-long strike. Jobless applications data have been …

This week: consumer prices, unemployment benefits, Walt Disney earnings
1 month, 1 week ago

This week: consumer prices, unemployment benefits, Walt Disney earnings

Associated Press  

A look at some of the key business events and economic indicators upcoming this week. Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August, and the smallest annual rise since February 2021. DISNEY REPORTS The Walt Disney Co. releases its latest quarterly financial results before the bell on Thursday. Two weeks ago, Disney …

Federal Reserve Has Another Reason to Take It Slow
1 month, 3 weeks ago

Federal Reserve Has Another Reason to Take It Slow

Bloomberg  

Overall inflation in the US is now 2.1%, the lowest since early 2021 and just above the central bank’s 2% goal. The Federal Reserve’s preferred measure, however, posted its biggest monthly gain since April, bolstering the case for a slower pace of interest-rate cuts following last month’s big reduction. Continuing claims, a proxy for the number of people receiving benefits, …

Applications for U.S. jobless benefits fall to two-month low as layoffs remain at healthy levels
3 months, 2 weeks ago

Applications for U.S. jobless benefits fall to two-month low as layoffs remain at healthy levels

LA Times  

The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling. Economists polled by FactSet expect Friday’s August jobs report to show that the U.S. added 160,000 jobs, up from 114,000 in July, and that the unemployment rate dipped to …

Fewer Americans file jobless claims as U.S. labor market continues to defy elevated interest rates
3 months, 3 weeks ago

Fewer Americans file jobless claims as U.S. labor market continues to defy elevated interest rates

LA Times  

A hiring sign is displayed at a restaurant in Mount Prospect, Ill., on Tuesday. The number of Americans filing for unemployment benefits fell slightly last week as the U.S. labor market remains healthy in the face of high interest rates. But they started rising in May, hitting 250,000 in late July and adding to evidence that high interest rates were …

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels
4 months ago

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

Associated Press  

Slightly more Americans filed for unemployment benefits last week, but the number of claims remains at healthy levels. But they started rising in May, hitting 250,000 in late July and adding to evidence that high interest rates are taking a toll on the U.S. job market. However, the tiny increase in claims this week follows two straight weeks of declines, …

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels
4 months ago

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

LA Times  

A hiring sign is displayed at a liquor store in Arlington Heights, Ill., in May. The number of Americans filing for unemployment benefits rose modestly last week, but the level of claims remains at healthy levels. But they started rising in May, hitting 250,000 in late July and adding to evidence that high interest rates are taking a toll on …

Fewer Americans filed for jobless benefits last week, but applications remain slightly elevated
4 months, 2 weeks ago

Fewer Americans filed for jobless benefits last week, but applications remain slightly elevated

LA Times  

The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels. Jobless claims for the week of Aug. 3 fell by 17,000 to 233,000 last week, the Labor Department reported Thursday. Thursday’s report was the first snapshot of the U.S. labor market since last week’s deeply disappointing jobs data for July …

The number of Americans filing for jobless claims hits highest level in a year
4 months, 3 weeks ago

The number of Americans filing for jobless claims hits highest level in a year

Associated Press  

The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains surprisingly healthy in an era of high interest rates. Jobless claims for the week ending July 27 climbed by 14,000 to 249,000, from 235,000 the previous week, the Labor Department reported Thursday. Weekly unemployment claims are …

As jobless claims hit highest level in a year, labor market remains healthy
4 months, 3 weeks ago

As jobless claims hit highest level in a year, labor market remains healthy

LA Times  

The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains surprisingly healthy in an era of high interest rates. Jobless claims for the week that ended July 27 climbed to 249,000 from 235,000 the previous week, the Labor Department reported Thursday. Weekly unemployment claims are widely …

The number of Americans filing for jobless benefits jumps to the highest level in 10 months
6 months, 1 week ago

The number of Americans filing for jobless benefits jumps to the highest level in 10 months

Associated Press  

The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, a sign that the labor market is likely cooling under the weight of high interest rates. “That would be consistent with a slower pace of hiring and fewer workers leaving their jobs.” Though this week’s number seems relatively high, it’s still within …

The number of Americans applying for jobless benefits holds steady as labor market remains strong
8 months ago

The number of Americans applying for jobless benefits holds steady as labor market remains strong

Associated Press  

The number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool hiring. The Labor Department reported Thursday that unemployment claims for the week ending April 13 were unchanged from the previous week’s 212,000. Many economists thought there was a chance the rapid rate hikes could …

Applications for US unemployment benefits dip to 210,000 in strong job market
8 months, 3 weeks ago

Applications for US unemployment benefits dip to 210,000 in strong job market

Associated Press  

NEW YORK — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security. Applications for unemployment benefits are viewed as a proxy for layoffs and a sign of where the job market is headed. Economists expect some tightening in the jobs market …

Number of Americans filing for jobless benefits remains low in a thriving labor market
9 months, 1 week ago

Number of Americans filing for jobless benefits remains low in a thriving labor market

Associated Press  

The number of Americans applying for jobless benefits last week inched up but largely stayed at historically low levels as the labor market continues to thrive despite elevated interest rates. The Labor Department reported Thursday that filings for unemployment claims for the week ending March 9 ticked down by 1,000 to 209,000 from the previous week’s 208,000. In total, 1.81 …

US applications for jobless claims hold at healthy levels
9 months, 2 weeks ago

US applications for jobless claims hold at healthy levels

Associated Press  

U.S. applications for jobless benefits were unchanged last week, settling at a healthy level as the labor market continues to show strength in the face of elevated interest rates. Unemployment claims for the week ending March 2 were 217,000, matching the previous week’s revised level, the Labor Department reported Thursday. In total, 1.9 million Americans were collecting jobless benefits during …

US applications for jobless benefits rise but remain historically low despite recent layoffs
9 months, 3 weeks ago

US applications for jobless benefits rise but remain historically low despite recent layoffs

Associated Press  

More Americans applied for jobless benefits last week, but layoffs remain historically low even as more high-profile companies have announced job cuts this year. Applications for unemployment benefits rose by 13,000 to 215,000 for the week ending Feb. 24, the Labor Department reported Thursday. In total, 1.9 million Americans were collecting jobless benefits during the week that ended Feb. 17, …

More Americans apply for unemployment benefits but layoffs still historically low
10 months, 3 weeks ago

More Americans apply for unemployment benefits but layoffs still historically low

Associated Press  

The number of Americans filing for jobless benefits rose last week to the highest level in 11 weeks, though layoffs remain at historically low levels. Applications for unemployment benefits climbed to 224,000 for the week ending Jan. 27, an increase of 9,000 from the previous week, the Labor Department reported Thursday. Though inflation has eased considerably in the past year, …

US applications for unemployment benefits fall again as job market continues to show strength
11 months, 2 weeks ago

US applications for unemployment benefits fall again as job market continues to show strength

Associated Press  

The number of Americans applying for unemployment benefits fell last week as the labor market continues to show resilience despite elevated interest rates. In an effort to extinguish the four-decade high inflation that took hold after an unusually strong economic rebound from the COVID-19 recession of 2020, the Federal Reserve raised its benchmark rate 11 times since March of 2022. …

US applications for jobless benefits rise but labor market remains solid
11 months, 3 weeks ago

US applications for jobless benefits rise but labor market remains solid

Associated Press  

More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy. The Federal Reserve started raising interest rates early last year to try to beat down the inflation that surged after an unusually strong economic rebound from the COVID-19 recession of 2020. The Fed has left rates alone at its …

Weekly US unemployment claims rise slightly but job market remains strong as inflation eases
1 year ago

Weekly US unemployment claims rise slightly but job market remains strong as inflation eases

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates intended to slow hiring and cool the economy. The Federal Reserve began raising interest rates last year to combat the inflation that surged as the result of an unexpectedly strong economic rebound from the COVID-19 …

U.S. employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor market
1 year ago

U.S. employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor market

LA Times  

Mechanic David Stoliaruk works on the engine of a car at IC Auto in Philadelphia on May 2. The nation’s employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would return to the Federal Reserve’s 2% target without causing a steep recession. …

US job openings fall to lowest level since March 2021 as labor market cools
1 year ago

US job openings fall to lowest level since March 2021 as labor market cools

Associated Press  

WASHINGTON — U.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace. The drop in job openings last month was particularly steep in healthcare and social assistance, where they fell by 236,000; finance, which includes banking, …

Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 years
1 year ago

Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 years

Associated Press  

Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years. Applications for unemployment benefits rose by 7,000 to 218,000 for the week ending Nov. 25, the Labor Department reported Thursday. The Federal Reserve has raised its benchmark interest rate 11 times …

US applications for jobless benefits inch down, remain at historically healthy levels
1 year, 1 month ago

US applications for jobless benefits inch down, remain at historically healthy levels

Associated Press  

Slightly fewer Americans applied for jobless claims last week, further indicating that the labor market remains strong in an era of high interest rates. Though Fed officials opted to leave the benchmark rate alone last week, the U.S. central bank has raised rates 11 times since March of 2022 in an effort to tame inflation, which reached a four-decade high …

US applications for jobless benefits inch up but layoffs remain historically low
1 year, 2 months ago

US applications for jobless benefits inch up but layoffs remain historically low

Associated Press  

Slightly more Americans applied for jobless claims last week, but layoffs remain low and the labor market continues to show resiliency amid elevated interest rates imposed by the Federal Reserve. Applications for unemployment benefits ticked up by 2,000 to 207,000 for the week ending Sept. 30, the Labor Department reported Thursday. Though the Federal Reserve opted to leave its benchmark …

US applications for jobless claims inch back down as companies hold on to their employees
1 year, 3 months ago

US applications for jobless claims inch back down as companies hold on to their employees

Associated Press  

U.S. applications for unemployment benefits fell slightly last week as companies held on to employees in an economy that has largely withstood rapidly rising interest rates, intended to cool hiring and spending, for more than a year. The number of Americans applying for jobless benefits last fell week by 4,000, to 228,000 the week ending August 26, the Labor Department …

Job vacancies, quits plunge in July in stark sign of cooling trend in the US labor market
1 year, 3 months ago

Job vacancies, quits plunge in July in stark sign of cooling trend in the US labor market

Associated Press  

WASHINGTON — Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear signs that the labor market is cooling in a way that could reduce inflation. The number of job vacancies dropped to 8.8 million last month, the Labor Department said Tuesday, the fewest since March …

U.S. jobless claims applications fall as labor market continues to show resiliency
1 year, 4 months ago

U.S. jobless claims applications fall as labor market continues to show resiliency

Associated Press  

The U.S. labor market continues to flex its muscle as applications for jobless claims fell again last week and remain at healthy levels in the face of high interest rates and inflation. Applications for unemployment benefits dropped by 11,000 to 239,000 for the week ending August 12, down from 250,000 the previous week, the Labor Department reported Thursday. Early this …

Number of Americans applying for jobless aid rises, but not enough to cause concern
1 year, 4 months ago

Number of Americans applying for jobless aid rises, but not enough to cause concern

Associated Press  

The number of Americans applying for jobless benefits jumped last week, but not enough to raise concern about the consistently strong U.S. labor market. U.S. applications for unemployment benefits rose by 21,000 to 248,000 for the week ending August 5, from 227,000 the week before, the Labor Department reported Thursday. Last week, the Labor Department reported that U.S. employers added …

Applications for jobless benefits in the U.S. retreat after three weeks of elevated claims
1 year, 5 months ago

Applications for jobless benefits in the U.S. retreat after three weeks of elevated claims

Associated Press  

Applications for unemployment benefits fell significantly last week after claims appeared to stabilize at modestly elevated levels in recent weeks. U.S. applications for jobless claims fell by 26,000 to 239,000 for the week ending June 24, the Labor Department reported Thursday. Jobless claims in the previous three weeks had pushed closer to 300,000 after mostly being in the high 100,000 …

Number of Americans filing for jobless claims is elevated for second straight week
1 year, 6 months ago

Number of Americans filing for jobless claims is elevated for second straight week

Associated Press  

The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s interest rate hikes over the past year may taking hold in what’s proved to be a resilient job market. Americans have enjoyed unusual job security, despite the Federal Reserve’s aggressive campaign to cool the economy and labor market in its bid …

US applications for jobless benefits highest since October 2021
1 year, 6 months ago

US applications for jobless benefits highest since October 2021

Associated Press  

The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, but the labor market remains one of the healthiest parts of the U.S. economy. The Labor Department reported Thursday that U.S. applications for jobless claims were 261,000 for the week ending June 3, an increase of 28,000 from the previous week’s 233,000. …

US claims for unemployment aid jump, but remain low
1 year, 7 months ago

US claims for unemployment aid jump, but remain low

Associated Press  

The number of Americans applying for unemployment benefits jumped last week but remain low overall, even as the Federal Reserve has furiously raised interest rates to beat down inflation and cool the labor market. Another sign that the labor market may be cooling came Tuesday when the government reported that U.S. job openings fell in March to the lowest level …

US jobless claims rise but remain at historically low levels
1 year, 8 months ago

US jobless claims rise but remain at historically low levels

Associated Press  

U.S. applications for jobless benefits rose to their highest level in more than a year, but remain at relatively low levels despite efforts by the Federal Reserve to cool the economy and job market in its battle against inflation. Jobless claims in the U.S. for the week ending April 8 rose by 11,000 to 239,000 from the previous week, the …

Applications for jobless aid rising but still at low levels
1 year, 8 months ago

Applications for jobless aid rising but still at low levels

Associated Press  

The number of Americans seeking unemployment aid was higher over the past few months than the government had initially reported, reflecting a modest rise in layoffs as the economy has slowed in the face of higher interest rates. The Labor Department reported Thursday that the number of applications has exceeded 200,000 since early February — above previous estimates, though still …

US jobless aid claims fell last week as layoffs remain low
1 year, 9 months ago

US jobless aid claims fell last week as layoffs remain low

Associated Press  

Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool the economy and tamp down inflation. With recent data showing that those rate hikes have done little to bring down inflation and even less to cool the economy and labor market, many analysts were expecting the Fed to …

US filings for jobless aid lowest since April
1 year, 10 months ago

US filings for jobless aid lowest since April

Al Jazeera  

The robust data on the United States job market comes even as layoffs in the tech sector have surged. US applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve as it attempts to cool the economy and bring down inflation. …

Fewer Americans apply for jobless benefits last week
2 years ago

Fewer Americans apply for jobless benefits last week

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits fell significantly last week, a sign that the labor market remains strong even as the Federal Reserve continues to raise interest rates in an effort to cool the economy and slow inflation. American workers have extraordinary job security at the moment, despite an economy some see in danger of tipping …

US unemployment claims fall, housing market suffers
2 years, 1 month ago

US unemployment claims fall, housing market suffers

Al Jazeera  

Widespread layoffs remain low despite a surge in technology-sector job cuts on fears of an upcoming recession. The number of Americans filing new claims for unemployment benefits fell last week, showing widespread layoffs remain low despite a surge in technology-sector job cuts that has raised fears of an imminent recession. Housing market struggles Claims rose marginally between the October and …

Slightly fewer Americans apply for jobless aid last week
2 years, 1 month ago

Slightly fewer Americans apply for jobless aid last week

Associated Press  

WASHINGTON — Applications for jobless benefits fell slightly last week with the U.S. job market remaining resilient in the face of rising interest rates and persistent inflation. Unemployment claims for the week ending Oct. 29 fell by 1,000 to 217,000 from 218,000 the previous week, the Labor Department reported Thursday. In September, American employers slowed their hiring but still added …

US unemployment claims inched higher, but remain very low
2 years, 1 month ago

US unemployment claims inched higher, but remain very low

Associated Press  

WASHINGTON — Slightly more Americans applied for unemployment benefits last week as the labor market remains one of the healthiest parts of an uneven U.S. economy. Applications for jobless claims, considered a proxy for layoffs, have remained historically low even as the Federal Reserve has cranked up its benchmark borrowing rate in an effort to cool the economy and tame …

Fewer Americans apply for jobless benefits last week
2 years, 2 months ago

Fewer Americans apply for jobless benefits last week

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits fell last week and remains historically low even as the U.S. economy slows in the midst of decades-high inflation. The government reported last week that inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on families and businesses. Fed officials have …

U.S. applications for jobless aid rise last week
2 years, 2 months ago

U.S. applications for jobless aid rise last week

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits rose slightly last week but remains historically low even as the U.S. economy slows in the midst of decades-high inflation. Fed officials have warned that the unemployment rate will likely have to rise as part of their fight against rising prices, and last week’s jobs report likely snuffed out any …

US weekly jobless claims surge more than expected
2 years, 2 months ago

US weekly jobless claims surge more than expected

Al Jazeera  

Initial claims for state unemployment benefits rose 29,000 to a seasonally adjusted 219,000 for the week ended October 1, more than expected, the Department of Labor said on Thursday. The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the labour market remains tight even as demand for labour is cooling amid higher …

Fewer people seek US unemployment aid amid solid hiring
2 years, 2 months ago

Fewer people seek US unemployment aid amid solid hiring

Associated Press  

WASHINGTON — The number of Americans filing for jobless benefits dropped last week, a sign that few companies are cutting jobs despite high inflation and a weak economy. Applications for unemployment benefits for the week ending Sept. 24 fell by 16,000 to 193,000, the Labor Department reported Thursday. If the number of unemployment claims drops, as it did last week, …

More Americans apply for jobless aid last week
2 years, 3 months ago

More Americans apply for jobless aid last week

Associated Press  

WASHINGTON — The number of Americans filing for jobless benefits rose slightly last week with the Federal Reserve pushing hard to cool the economy and tamp down inflation. Fed officials have pointed to the remarkably resilient U.S. labor market as added justification for raising rates five times this year, including three 75-basis point hikes in a row. The Fed’s move …

Fewer Americans file for jobless benefits again last week
2 years, 3 months ago

Fewer Americans file for jobless benefits again last week

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal Reserve continues its aggressive interest rate cuts to bring inflation under control. The Federal Reserve has aggressively raised interest rates in an effort to bring down inflation, which generally also slows job growth. The Fed has already raised …

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