US applications for jobless claims fall to 201,000, lowest level in nearly a year
Trending News
17 hours, 54 minutes ago

US applications for jobless claims fall to 201,000, lowest level in nearly a year

Associated Press  

U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs. The Labor Department on Wednesday said that applications for jobless benefits fell to 201,000 for the week ending January 4, down from the previous week’s 211,000. When the Labor Department releases hiring numbers for December on Friday, they’re expected to show that employers added 160,000 jobs last month. Openings rose to 8.1 million in November, the most since February and up from 7.8 million in October, The weekly jobless claims numbers are a proxy for layoffs, and those have remained below pre-pandemic levels.

Job Unemployment Rate Fed  claims  lowest  rose  numbers  labor  applications  week  unemployment  rate  million  interest  jobless  fall  nearly  market  job  level  201000

History of this topic

U.S. applications for jobless claims fall to 201,000, lowest level in nearly a year
1 day, 7 hours ago

U.S. applications for jobless claims fall to 201,000, lowest level in nearly a year

LA Times  

A help wanted sign is displayed at a restaurant in Chicago on Nov. 25, 2024. U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs. The Labor Department on Wednesday said that applications for jobless benefits fell to 201,000 for the week ending …

Here’s the latest sign the job market is cooling
Trending News
2 days, 7 hours ago

Here’s the latest sign the job market is cooling

CNN  

CNN — The “Great Stay” deepened in November as the number of people who quit their jobs that month dropped to under 3.1 million, a level not seen since the height of the pandemic. The latest Job Openings and Labor Turnover Survey report, which was released Tuesday, also showed that hiring activity remained at a decade low, a further indication …

US unemployment claims hit 8-month low as consistent environment prevails job market
6 days, 16 hours ago

US unemployment claims hit 8-month low as consistent environment prevails job market

Live Mint  

United States unemployment applications hit an eight-month low, reflecting the lower level of job cuts in the labour market, reported the news agency Bloomberg on Thursday, January 2. The continuing applications data, which represents a proxy for the number of people receiving benefits, also dropped to a three-month low of 1.84 million in the week ended December 21, 2024, reported …

U.S. unemployment claims fall to 211,000, the lowest level since March
1 week ago

U.S. unemployment claims fall to 211,000, the lowest level since March

LA Times  

Two economists called the unemployment drops “encouraging’’ but cautioned that seasonal adjustments around the holidays can throw off the numbers. The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most U.S. workers continue to enjoy unusually high job security. Thomas Simons and Sam Saliba, economists at Jefferies, called the drops …

US unemployment benefit applications stable, but continuing claims surge to 3-year high
1 week, 6 days ago

US unemployment benefit applications stable, but continuing claims surge to 3-year high

India Today  

The number of Americans applying for unemployment benefits remained unchanged last week. Continuing claims, the total number of Americans collecting jobless benefits, climbed by 46,000 to 1.91 million for the week of December 14. That’s more than analysts projected and the most since the week of November 13, 2021 when the labor market was still recovering from the COVID-19 jobs …

US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high
1 week, 6 days ago

US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Continuing claims, the total number of Americans collecting jobless benefits, climbed by 46,000 to 1.91 million for the week of Dec. 14. The Fed last week cut its benchmark interest rate for the third straight …

Recurring jobless claims rise to three-year high
Trending News
2 weeks ago

Recurring jobless claims rise to three-year high

Salon  

The volume of recurring applications for unemployment benefits rose to its highest volume in more than three years, signaling that it’s taking longer than usual for people out of a job to find work. The number of Americans receiving continued unemployment benefits rose to 1.91 million for the week of Dec. 14, according to Labor Department data. That’s a week-to-week …

US applications for unemployment benefits come back down after last week’s big rise
2 weeks, 6 days ago

US applications for unemployment benefits come back down after last week’s big rise

Associated Press  

The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before. Continuing claims, the total number of Americans collecting jobless benefits, fell by 5,000 to 1.87 million for the week of Dec. 7. Earlier this month, the government reported that U.S. job openings rebounded to 7.7 million in October from a 3 …

US applications for jobless benefits rise to highest level in 2 months but remain relatively low
3 weeks, 6 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 …

U.S. applications for jobless benefits rise to highest level in 2 months but remain relatively low
4 weeks ago

U.S. applications for jobless benefits rise to highest level in 2 months but remain relatively low

LA Times  

A help wanted sign is displayed at a restaurant in Chicago on Nov. 25. 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 …

US job data: These are the top hiring sectors as employers add 227,000 jobs in November
1 month ago

US job data: These are the top hiring sectors as employers add 227,000 jobs in November

Hindustan Times  

Amid fears of massive tariffs and inflation, November proved to be a strong month for job creation in the United States. Health Care, Hospitality, and Government: Top performing sectors The biggest job gains came from private education and health services, which added 79,000 positions. Government hiring contributed 33,000 positions, while other sectors also performed well, with manufacturing showing strong job …

Job openings rose while hiring dropped in October, labor report shows
1 month ago

Job openings rose while hiring dropped in October, labor report shows

Salon  

Job openings and resignations increased substantially in October while the number of hires and layoffs dropped, according to a Tuesday report from the Bureau of Labor Statistics that showed a mixed picture of the U.S. labor market. The increased number of job openings appeared mostly in professional and business services, as well as service and IT industries, jumping by 372,000 …

Number of Americans filing for jobless benefits falls again and hovers near 7-month lows
1 month, 1 week 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, 2 weeks 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, 3 weeks 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 …

As unemployment rises, Labour looks set to crash into a jobs problem. How will it respond?
1 month, 3 weeks ago

As unemployment rises, Labour looks set to crash into a jobs problem. How will it respond?

The Independent  

Is Labour hurtling towards a jobs problem? The rate of unemployment among people aged 16 and above rose to 4.3 per cent over the July to September reporting period. Wage rises have certainly continued to moderate; earnings excluding bonuses grew 4.8 per cent in the year to July to Sept 2024, the lowest since Apr to June 2022, when the …

Federal Reserve Has Another Reason to Take It Slow
2 months, 1 week 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, …

JOBS REPORT: U.S. Adds Robust 254,000 Jobs And Unemployment Dips To 4.1%
3 months ago

JOBS REPORT: U.S. Adds Robust 254,000 Jobs And Unemployment Dips To 4.1%

Huff Post  

LOADING ERROR LOADING WASHINGTON — America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy. Payroll employment rises by 254,000 in September; unemployment rate changes little at 4.1% #JobsReport #BLSdata https://t.co/ZwrVfLviqL — BLS-Labor Statistics October 4, 2024 …

U.S. job growth outperforms expectations as hiring resurges and unemployment drops
3 months ago

U.S. job growth outperforms expectations as hiring resurges and unemployment drops

LA Times  

A hiring sign is displayed at a grocery store in Deerfield, Ill. “The report doesn’t single-handedly change the landscape for the economic outlook, but it does provide reassurance that there’s still plenty of life in the jobs market,” said Jim Baird, chief investment officer with Plante Moran Financial Advisors, a major accounting firm based in the Detroit area. The strong …

US Hiring Rebounds Slightly And Unemployment Rate Dips In Sign Of Still-Slowing Job Market
4 months ago

US Hiring Rebounds Slightly And Unemployment Rate Dips In Sign Of Still-Slowing Job Market

Huff Post  

A linesman works on power lines under the morning sun, July 12, 2024, in Phoenix. via Associated Press WASHINGTON — Hiring by America’s employers picked up a bit in August from July’s sluggish pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy. In a …

Jobs report will help Federal Reserve decide how much to cut interest rates
4 months ago

Jobs report will help Federal Reserve decide how much to cut interest rates

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. If it shows that hiring was weak in August …

Applications for U.S. jobless benefits fall to two-month low as layoffs remain at healthy levels
4 months 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
4 months, 1 week 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 …

US Federal Reserve policymakers flag rate cuts as job market cools
4 months, 2 weeks ago

US Federal Reserve policymakers flag rate cuts as job market cools

Hindustan Times  

Two Federal Reserve officials said they believe it’s appropriate for the US central bank to begin lowering interest rates soon, and that the pace of subsequent cutting should be “gradual” and “methodical.” The US Treasury Department in Washington, DC, US. Officials should move gradually when they begin easing, Collins said, emphasizing she’s not seeing any “big red flags” in the …

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels
4 months, 2 weeks 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, 2 weeks 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 …

US sharply lowers number of jobs added in year ending in March
4 months, 2 weeks ago

US sharply lowers number of jobs added in year ending in March

Al Jazeera  

Economists are divided on the extent of the rate cuts that the US Federal Reserve should undertake this year in light of the latest employment data. The revised total adds to evidence that the job market has been steadily slowing and likely reinforces the US Federal Reserve’s plan to start cutting interest rates soon. The downgraded estimate follows a jobs …

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

US Unemployment Rate Increases For Fourth Straight Month
5 months ago

US Unemployment Rate Increases For Fourth Straight Month

Huff Post  

WASHINGTON — The U.S. economy suffered an unexpected setback in July, as hiring fell sharply and the unemployment rate rose for the fourth straight month as sustained higher interest rates take a toll on businesses and consumers. The sturdiness of the U.S. economy — the world’s largest — has been a key driver of global economic growth and the U.S. …

With 114,000 new jobs in July, hiring slows down in US. Unemployment rate at 4.3%
5 months ago

With 114,000 new jobs in July, hiring slows down in US. Unemployment rate at 4.3%

Firstpost  

US hiring slowed sharply in July, adding only 114,000 jobs well below the forecasted 175,000, causing the unemployment rate to rise to 4.3%, the highest since October 2021. The unemployment rate unexpectedly surged to 4.3%, its highest level since October 2021, contrary to expectations of it remaining steady at 4.1%. Many economists believe that today’s rising unemployment rates reveal an …

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears
5 months, 1 week ago

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

Associated Press  

WASHINGTON — The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight month with raised interest rates taking a toll on businesses and households. The unemployment rate’s jump to 4.3% in July crossed a tripwire that historically has signaled recession — though economists say the gauge probably is …

Unemployment rises again in July, reviving worries of a recession
5 months, 1 week ago

Unemployment rises again in July, reviving worries of a recession

LA Times  

People visit the California Employment Development Department office in Sacramento. U.S. job growth slowed sharply last month and the unemployment rate rose to a nearly three-year high of 4.3%, the latest sign of a cooling labor market, the government reported Friday. Employers added 114,000 jobs in July, well below economists’ projections and down from an average monthly gain of 215,000 …

The number of Americans filing for jobless claims hits highest level in a year
5 months, 1 week 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
5 months, 1 week 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 …

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market
5 months, 1 week ago

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

Associated Press  

WASHINGTON — U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates. The number of people quitting their jobs — a decision that reflects confidence in their ability to find higher pay or better working conditions elsewhere — slid to 3.3 million, fewest since November 2020. …

US labour market generates 206,000 jobs in June, unemployment rate increases to 4.1%
6 months ago

US labour market generates 206,000 jobs in June, unemployment rate increases to 4.1%

Hindustan Times  

The United States added 206,000 jobs in June, which was less than the previous month but still more than predicted. The US unemployment rate increased slightly from 4% to 4.1 percent, according to the Bureau of Labor Statistics' report released on Friday. According to the Bureau of Labor Statistics' report released on Friday, the US unemployment rate increased slightly from …

US job openings rise to 8.1 million despite higher interest rates
6 months ago

US job openings rise to 8.1 million despite higher interest rates

Hindustan Times  

U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool the labor market. Vacancies rose from a revised 7.9 million in April, the first reading below 8 million since February 2021, the Labor Department reported Tuesday. The U.S. economy and job market have been remarkably resilient in the face of …

U.S. job openings went up in May despite high interest rates
6 months ago

U.S. job openings went up in May despite high interest rates

Associated Press  

WASHINGTON — U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool the labor market. AP AUDIO: US job openings rise to 8.1 million despite higher interest rates AP correspondent Rita Foley reports on job openings in May. The U.S. economy and job market have been remarkably resilient in the …

The number of Americans filing for jobless benefits jumps to the highest level in 10 months
6 months, 3 weeks 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 …

US job openings fall to 8.1 million, lowest since 2021, but remain at historically high levels
7 months ago

US job openings fall to 8.1 million, lowest since 2021, but remain at historically high levels

Associated Press  

WASHINGTON — U.S. job openings fell in April to the lowest level since 2021. Monthly job openings have come down steadily a peak of 12.2 million in March 2022 — as the economy’s recovery from COVID-19 lockdowns left companies desperate for workers — but they remain at a high level. Fed policymakers likely welcome lower job openings — a relatively …

Jobless rate rises to highest for nearly a year, figures show
7 months, 3 weeks ago

Jobless rate rises to highest for nearly a year, figures show

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “At the same time the steady decline in the …

US job openings fall to 8.5 million in March, the lowest level in more than 3 years
8 months, 1 week ago

US job openings fall to 8.5 million in March, the lowest level in more than 3 years

Associated Press  

WASHINGTON — U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates. The Labor Department reported Wednesday that employers posted 8.5 million vacancies in March, down from 8.8 million in February and the …

The number of Americans applying for jobless benefits holds steady as labor market remains strong
8 months, 3 weeks 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 …

Will the US unemployment rate continue at historic lows?
9 months ago

Will the US unemployment rate continue at historic lows?

Al Jazeera  

US job growth has continued at a steady clip in the months since the COVID-19 pandemic, but experts are looking for warning signs. All eyes will be on Friday’s US unemployment numbers to see how many jobs were added in March and whether the unemployment rate continues to stay in its historically low range or if it is time for …

US job openings rise modestly to 8.8 million in February in strong labor market
9 months ago

US job openings rise modestly to 8.8 million in February in strong labor market

Associated Press  

WASHINGTON — U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong. But the Job Openings and Labor Turnover Survey, or JOLTS, showed that layoffs ticked up to 1.7 million in February from 1.6 million in January, highest since March 2023. “Job openings are still elevated relative to …

Applications for US unemployment benefits dip to 210,000 in strong job market
9 months, 1 week 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 …

RBA leaves door open to interest rate cuts and rises as unemployment risks rise
9 months, 2 weeks ago

RBA leaves door open to interest rate cuts and rises as unemployment risks rise

ABC  

What a difference six weeks makes. Economists and traders expect the US Federal Reserve to lead off a global round of interest rate cuts, but recent economic data suggests the RBA should beat them to it. CBA's head of Australian economics Gareth Aird points out that the RBA board made seven references to "uncertainty" in its one-page post-meeting statement, up …

Number of Americans filing for jobless benefits remains low in a thriving labor market
9 months, 3 weeks 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
10 months 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 …

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