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 named Morgan Stanley executive James Gorman to serve as its next chairman, beginning early next year. LOOKING AT LAYOFFS The Labor Department releases its weekly report on the number of Americans who filed for unemployment benefits.

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History of this topic

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 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 …

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 …

US jobless claims increase for second straight week
2 years, 4 months ago

US jobless claims increase for second straight week

Al Jazeera  

As more businesses – particularly in the tech industry – announce layoffs as a result of economic uncertainty, unemployment claims have increased. The number of US unemployment insurance applications increased for a second week and remained close to the highest level seen since November, signalling a further easing of the labour market despite the fact that circumstances are still tight …

US weekly jobless claims at highest point in nearly 8 months
2 years, 5 months ago

US weekly jobless claims at highest point in nearly 8 months

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits last week hit its highest level in nearly 8 months, but the total number of those collecting benefits fell. Applications for jobless aid for the week ending July 9 rose by 9,000 to 244,000, up from the previous week’s 235,000, the Labor Department reported Thursday. Last week, the Labor Department …

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 …

US layoffs remain elevated as incomes and spending weaken
4 years, 2 months ago

US layoffs remain elevated as incomes and spending weaken

Associated Press  

WASHINGTON — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer. The Labor Department’s report, released Thursday, suggests that companies are still cutting a historically high number of jobs, though the weekly numbers have become less reliable as states have …

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