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US jobless claims jump to 211,000, led by New York, California, shows data

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

US jobless claims jump to 211,000, led by New York, California, shows data
Updated On : 09 Mar 2023 | 11:37 PM IST

US jobless insurance claims near historic low despite cooling economy

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

US jobless insurance claims near historic low despite cooling economy
Updated On : 04 Feb 2023 | 12:25 AM IST

US weekly jobless claims fall to 222,000 despite rapid Fed rate hikes

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.

US weekly jobless claims fall to 222,000 despite rapid Fed rate hikes
Updated On : 17 Nov 2022 | 9:12 PM IST

US adds 263,000 jobs; unemployment rate falls to 3.5% in September

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

US adds 263,000 jobs; unemployment rate falls to 3.5% in September
Updated On : 07 Oct 2022 | 9:35 PM IST

US weekly jobless claims rise to 262,000, highest since Nov 2021

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

US weekly jobless claims rise to 262,000, highest since Nov 2021
Updated On : 12 Aug 2022 | 2:00 PM IST

US jobless claims rise for third straight week amid tight labour market

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.

US jobless claims rise for third straight week amid tight labour market
Updated On : 20 May 2022 | 7:16 AM IST

US weekly jobless claims fall to 214,000, lowest since start of this year

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

US weekly jobless claims fall to 214,000, lowest since start of this year
Updated On : 18 Mar 2022 | 2:19 PM IST

US weekly jobless claims fall for 2nd straight week; layoffs tumble in Feb

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

US weekly jobless claims fall for 2nd straight week; layoffs tumble in Feb
Updated On : 03 Mar 2022 | 7:25 PM IST

US payrolls growth slowed in November while jobless rate fell

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

US payrolls growth slowed in November while jobless rate fell
Updated On : 03 Dec 2021 | 8:02 PM IST

US initial jobless claims drop to new pandemic low amid labor shortage

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

US initial jobless claims drop to new pandemic low amid labor shortage
Updated On : 05 Nov 2021 | 7:29 AM IST

US weekly jobless claims fall more than expected

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

US weekly jobless claims fall more than expected
Updated On : 11 Mar 2021 | 7:51 PM IST

Wall Street opens higher shrugging off bleak GDP, jobless claims data

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

Wall Street opens higher shrugging off bleak GDP, jobless claims data
Updated On : 28 Jan 2021 | 8:13 PM IST

Covid-19: US jobless rate spikes to 14.7%, highest since Great Depression

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

Covid-19: US jobless rate spikes to 14.7%, highest since Great Depression
Updated On : 09 May 2020 | 1:55 AM IST

US weekly jobless claims hit record high as experts hint at recession

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

US weekly jobless claims hit record high as experts hint at recession
Updated On : 02 Apr 2020 | 6:34 PM IST

US jobless claims rise modestly as labour market tightens

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

US jobless claims rise modestly as labour market tightens
Updated On : 26 Oct 2017 | 8:46 PM IST

US jobless claims fall 12,000 in Aug; trade deficit declines 2.7%

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

US jobless claims fall 12,000 in Aug; trade deficit declines 2.7%
Updated On : 05 Oct 2017 | 8:51 PM IST

US jobless claims rise marginally; layoffs increase in July

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

US jobless claims rise marginally; layoffs increase in July
Updated On : 04 Aug 2016 | 8:41 PM IST

US jobless claims unchanged

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.

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Updated On : 15 Jul 2016 | 12:35 AM IST