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The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor market that should continue to support the economy. Initial claims ...
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low despite the Federal Reserve's efforts to loosen the labor market. Jobless claims for ...
The jobless claims report is generally monitored closely as one of the few weekly labor market indicators produced by the government. The closely watched Employment Situation Summary from the Bureau of Labor Statistics , colloquially referred to as the "jobs report", is only produced monthly.
The unemployment rate is forecast unchanged at 3.9%. Labor market strength is boosting consumer spending, which is pulling in imports. A separate report from the Commerce Department's Bureau of ...
The unemployment rate fell by 2 percentage points under Obama versus 1.2 points under Trump. Coronavirus closures. In March 2020, during the 2020 COVID-19 pandemic, American unemployment saw a huge increase; claims in one week rose to 3.3 million from 281,000 on the previous week. The previous record for unemployment claims in one week was only ...
Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 222,000 for the week ended May 11, the Labor Department said. Economists polled by Reuters had forecast ...
t. e. Unemployment insurance in the United States, colloquially referred to as unemployment benefits, refers to social insurance programs which replace a portion of wages for individuals during unemployment. The first unemployment insurance program in the U.S. was created in Wisconsin in 1932, and the federal Social Security Act of 1935 created ...
The number of Americans making first-time claims for jobless benefits dropped last week to a level not seen since the fall of 2022, while CEO exits set a new high last year, according to fresh ...