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Lucy Bayly, CNN. May 9, 2024 at 9:34 AM. Aaron M. Sprecher/AP. First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, in another sign that the ...
May 23, 2024 at 6:38 AM. By Lucia Mutikani. WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor ...
Since this statistic is published weekly, it is commonly depended on as a current indicator of the labor market and the economy generally. In 2016, the number of people on unemployment benefits fell to around 2.14 million, the lowest in the last 4 decades. . In April 2020, claims reached 40 million, a new all-time high. [citation needed]
New jobless claims, a proxy for layoffs, increased to 4,942 in the week ending May 11, up from 4,618 the week before, the Labor Department said. U.S. unemployment claims dropped to 222,000 last ...
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 number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week, while consumer spending increased solidly, putting the economy on track for a strong ...
Continuing claims fell 22,000 to 1.840 million during the week ending Nov. 11, the latest claims report showed. They had increased since mid-September, hitting a two-year high in early November.
v. t. e. 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 ...