Page 2 - Us Jobless Claims

US' Q2 economic growth revised slightly higher; weekly jobless claims rise

Gross domestic product increased at a 6.6% annualized rate, the Commerce Department said on Thursday in its second estimate of GDP growth for the April-June quarter

US weekly jobless claims fall to 17-month low of 348,000

Initial claims for state unemployment benefits fell 29,000 to a seasonally adjusted 348,000 for the week ended Aug. 14, the Labor Department said on Thursday

At 375,000, US initial unemployment claims drop for third week in a row

Continuing claims for state benefits fell to 2.9 million in the week ended July 31.

US weekly jobless claims unexpectedly increased last week to 419,000

Initial jobless claims in regular state programs totaled 419,000 in the week ended July 17, up 51,000 from the prior week, Labor Department data showed Thursday

US initial jobless claims spike to 373,000 after hitting record low

Initial unemployment claims in the US increased to 373,000 last week, after hitting the lowest level since the onset of the Covid-19 pandemic, the Labour Department reported

US Labour Dept says initial jobless claims rise to highest level in a month

After hitting pandemic lows, initial unemployment claims in the US unexpectedly rose to 412,000 last week, marking the highest level in a month, the Labour Department reported

US jobless claims jump to 744,000 as Covid-19 still forces layoffs

Initial claims in regular state programs increased by 16,000 to 744,000 in the week ended April 3, Labor Department data showed Thursday. Economists in a Bloomberg survey estimated 680,000 claims

US weekly jobless claims drop to one-year low in boost to economy

The number of Americans filing new claims for unemployment benefits dropped to a one-year low last week, providing a powerful boost to an economy on the verge of stronger growth

US jobless claims fall sharply to 684,000, fewest since pandemic outbreak

That pace is widely expected to accelerate in the coming months, fueled by substantial government rescue aid

US jobless claims in last week increase to 770,000: Labour department

Unemployment claims in the US last week increased to 770,000, indicating the disruption in the labour market recovery, the Labour Department reported

US weekly jobless claims at four-month low; labour market regaining footing

Unadjusted claims dropped 47,170 to 709,458 last week, amid declines in Texas, New York and Mississippi, where claims had been boosted in the prior period by harsh weather

S&P 500, Dow Jones hit record highs after upbeat jobless claims data

Mega-cap stocks Microsoft, Apple, Facebook and Amazon.com led the rally, recouping losses from a recent pullback and helping the benchmark S&P 500 surpass its Feb. 16 peak of 3,950.43

Wall Street: Dow hits all-time high after upbeat jobless claims data

Dow Jones Industrial Average rose 214.88 points, or 0.67%, to 32,511.90

US jobless claims rise as layoffs stay high despite drop in Covid-19 cases

Before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000, even during the Great Recession of 2008-2009

US weekly jobless claims fall marginally as labour market recovery stalls

Claims remain above their 665,000 peak during the 2007-2009 Great Recession, though they are below the record 6.867 million reported last March when the pandemic hit the United States

US weekly jobless claims decline moderately as Covid tears through nation

The number of Americans filing new applications for unemployment benefits decreased modestly last week as the Covid pandemic tears through the nation

US weekly jobless claims jump on Covid-19, renewed supplementary payments

The number of Americans filing first-time applications for unemployment benefits surged last week, confirming a weakening in labor market conditions as coronavirus affects businesses

S&P, Dow rise as weekly jobless claims dip; tech stocks drag down Nasdaq

(Reuters) -The S&P 500 and the Dow rose on Wednesday as jobless claims unexpectedly fell last week, while the Nasdaq retreated from a record high close on losses in heavyweight technology stocks.

Asian stocks dip after Wall Street hit record high on stimulus hope

Asian stock markets declined Friday after Wall Street hit a new high on optimism about economic stimulus and coronavirus vaccine development despite a spike in US unemployment claims. Shanghai, Tokyo and Hong Kong retreated. Overnight, Wall Street's benchmark S&P 500 index gained for a third day on optimism about progress in Washington toward a new economic aid package while the government reported the highest level of new jobless claims in three months. Market action suggested investors see bad data is good news for progress toward a stimulus, said Mizuho Bank in a report. The Nikkei 225 in Tokyo lost 0.2% to 26,760.30 while the Shanghai Composite Index was down less than 0.1% at 3,403.87. The Hang Seng in Hong Kong lost 0.7% to 26,490.37. The Kospi in Seoul lost less than 0.1% to 2,770.22 and Sydney's S&P-ASX 200 sank 0.7% to 6,710.00. New Zealand, Singapore and Jakarta also retreated. Investors have been waiting since before the American presidential election Nov. 3 for ...

US weekly jobless claims hit three-month high due to Covid-19 restrictions

The number of Americans filing first-time claims for jobless benefits unexpectedly rose last week as a relentless wave of new Covid-19 infections hobbled business operations