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First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, in another sign that the white-hot labor market is starting to cool off.
The four-week average of claims, which evens out some of the weekly volatility, rose modestly to 214,25 US applications for jobless benefits rise to highest level in two months, but layoffs remain low
May 9, 2024 at 8:41 AM. WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased more than expected last week as the labor market steadily eases ...
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 ...
Jobless claims. Initial jobless claims are a data point issued by the U.S. Department of Labor as part of its weekly Unemployment Insurance Weekly Claims Report. Initial jobless claims refer to claims for unemployment benefits filed by unemployed individuals with state unemployment agencies. Initial claims should not be confused with the number ...
Economics. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy. Jobless claims rose to 218,000 for the week ending Dec. 23 ...
Weekly unemployment claims are considered a proxy for the number of U.S. layoffs in a given week and a sign of where the job market is headed. The number of Americans applying for unemployment ...