Page 2 - Us Unemployment Rate
US weekly jobless claims hit 19-month low as labor market tightens
The weekly unemployment claims report from the Labor Department on Thursday, the most timely data on the economy's health, also showed unemployment rolls shrinking significantly early this month
 "US weekly jobless claims hit 19-month low as labor market tightens")
US economy grows solidly in second quarter; weekly jobless claims fall
Though the fiscal boost is fading and COVID-19 cases are rising in states with lower vaccination rates, consumer spending will likely continue to grow.
 "US economy grows solidly in second quarter; weekly jobless claims fall")
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 Labour Dept says initial jobless claims rise to highest level in a month")
United States unemployment claims fall to 376,000, sixth straight drop
This comes as the US economy reopens rapidly
 "United States unemployment claims fall to 376,000, sixth straight drop")
US job growth picks up in May; unemployment rate declines to 5.8%
Economists polled by Reuters had forecast 650,000 jobs created in May.
US weekly jobless claims fall more than forecast to fresh 13-month low
Continuing claims for ongoing state benefits rose slightly in the week ended April 24.
 "US weekly jobless claims fall more than forecast to fresh 13-month low")
United States retail sales surge; weekly unemployment claims fall
Retail sales increased 9.8% last month
 "United States retail sales surge; weekly unemployment claims fall")
US employment growth picks up, hiring remains a widespread challenge: Fed
US employment growth has recently picked up, but hiring remains a "widespread" challenge, the Federal Reserve said
 "US employment growth picks up, hiring remains a widespread challenge: Fed")
Job growth in US topped 900,000 in March as hiring broadened
The payroll figures showed broad-based gains across industries, led by a 280,000 surge in leisure and hospitality
 "Job growth in US topped 900,000 in March as hiring broadened")
US jobless claims rise to 719,000 as coronavirus still forces layoffs
The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signalling that many employers are still cutting jobs even as more businesses reopen
 "US jobless claims rise to 719,000 as coronavirus still forces layoffs")
United States weekly unemployment claims unexpectedly increase
Federal Reserve Chair Jerome Powell told reporters on Wednesday that "conditions in the labor market have turned up recently"
 "United States weekly unemployment claims unexpectedly increase")
1 in 2 Americans on jobless benefits struggles to pay for food, housing
Nearly a third of US households receiving unemployment benefits are struggling to cover routine expenses such as food, housing and medical treatment, according a survey
 "1 in 2 Americans on jobless benefits struggles to pay for food, housing")
US private payrolls rise less than expected in February, shows data
Private payrolls increased by 117,000 jobs last month, the ADP National Employment Report showed on Wednesday
 "US private payrolls rise less than expected in February, shows data")
US unemployment claims fall to 730,000 but layoffs remain high
The latest figures come as the job market has made scant progress in the past three months
 "US unemployment claims fall to 730,000 but layoffs remain high")
Stalling US labour market supports push for massive stimulus package
Millions of Americans are experiencing long bouts of unemployment and permanent job losses, while others have given up searching for work
US employers add just 49,000 jobs as unemployment falls to 6.3%
The tepid increase followed a decline of 227,000 jobs in December, the first loss since April
US labor market recovery fading; housing, factories underpin economy
The services sector has borne the brunt of the coronavirus crisis, disproportionately impacting lower-wage earners, who tend to be women and minorities
 "US labor market recovery fading; housing, factories underpin economy")
Oil drops over 2% on China lockdowns due to outbreak, US unemployment data
Both benchmarks, which hit their highest in nearly a year earlier in the week, were are heading for their first weekly declines in three weeks
 "Oil drops over 2% on China lockdowns due to outbreak, US unemployment data")
Gold edges higher as weak US labour market data boosts stimulus bets
The number of Americans filing first-time applications for unemployment benefits surged last week
 "Gold edges higher as weak US labour market data boosts stimulus bets")
US unemployment claims jump to 965,000 as Covid-19 virus takes toll
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs. The latest figures for jobless claims, issued Thursday by the Labor Department, remain at levels never seen until the virus struck. Before the pandemic, weekly applications typically numbered around 225,000. Last spring, after nationwide shutdowns took effect, applications for jobless benefits spiked to nearly 7 million 10 times the previous record high. After declining over the summer, weekly claims have been stuck above 700,000 since September. The high pace of layoffs coincides with an economy that has faltered as consumers have avoided traveling, shopping and eating out in the face of soaring viral caseloads. More than 4,300 deaths were reported Tuesday, another record high. Shutdowns of restaurants, bars and other venues where people gather in California, New York and other states have likely forced up ...
 "US unemployment claims jump to 965,000 as Covid-19 virus takes toll")
