US Jobless

Initial unemployment claims increased by 21,000 to 211,000 in the week ended March 4, Labor Department data showed Thursday

Applications for US unemployment insurance last week fell slightly, hovering around historically low levels as the labor market holds strong despite a weakening economy

The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve's rapid interest rate hikes this year intended to bring down inflation and tighten the labour market. Applications for jobless claims for the week ending Nov. 12 fell by 4,000 to 222,000 from 226,000 the previous week, the Labour Department reported Thursday. The four-week moving average rose by 2,000 to 221,000. The total number of Americans collecting unemployment aid rose by 13,000 to 1.51 million for the week ending Nov. 5. a seven-month high, but still not a troubling level. Applications for jobless claims, which generally represent layoffs in the U.S., have remained historically low this year, deepening the challenges the Federal Reserve faces as it raises interest rates to try to bring inflation down from near a 40-year high.

Economists polled by Reuters had forecast 250,000 job gains, with estimates ranging from as low as 127,000 to as high as 375,000

Initial jobless claims in the US last week rose to 262,000, hitting a new high since November 2021, the US Labour Department reported

Initial jobless claims in the US last week rose for the third straight week amid a tight labor market, reaching 218,000, the US Labor Department reported.

Initial jobless claims in the US last week fell to 214,000, the lowest level since the beginning of this year, the Labour Department reported

Initial claims for state unemployment benefits dropped 18,000 to a seasonally adjusted 215,000 for the week ended Feb. 26, the Labor Department said on Thursday

Nonfarm payrolls climbed 210,000 in November after upward revisions to each of the prior two months, a Labor Department report showed Friday

The four-week moving average, a method to iron out data volatility, decreased by 15,000 to 2,84,750, according to the report.

Fewer than expected Americans filed new claims for unemployment benefits last week

The Dow Jones Industrial Average rose 74.0 points, or 0.24%, at the open to 30377.19

The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy

The government's weekly report, the most timely data on the economy's health, offered the clearest evidence yet that the longest employment boom in U.S. history probably ended in March

The number of Americans filing for unemployment benefits increased less than expected last week

Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 260,000 for the week ended Sept 30

Claims have now been below 300,000, a threshold associated with a strong labor market, for 74 consecutive weeks

The number of Americans filing for unemployment benefits unexpectedly held at lower levels last week, pointing to further momentum in the labour market after job growth surged in June. Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 254,000 for the week ended July 9, the Labor Department said on Thursday. Claims are near the 43-year low of 248,000 touched in mid-April.Economists polled by Reuters had forecast initial claims rising to 265,000 in the latest week.The labour market is on a strong footing, with nonfarm payrolls increasing by a robust 287,000 jobs in June, which should underpin economic growth for the rest of the year.