jobless claims

Jobless Claims Decline to 326,000

The number of Americans filing new claims for unemployment benefits dipped to 326,000 in the week ended October 2, a decline of 38,000 from the previous week.

A job listing board hangs at the East Bay Career Center February 2, 2006 in Oakland, California. According to a government report, U.S. unemployment benefits claims dropped to about 273,000 last week, sending a four-week average of claims to the lowest level in nearly six years. (Photo by Justin Sullivan/Getty …

Carney: Enhanced Jobless Benefits May Be a Drag on Retail Trade Hiring

Job openings in the retail trade sector rose in February, according to data from the Department of Labor’s Job Openings and Labor Turnover Survey. In January, employers posted 793,000 help wanted notices. These rose to 817,000 in February.

But the number of hires actually fell in February, the second straight monthly decline.

In other words, the number of people retail businesses want to hire is rising. But the number of workers accepting jobs in retail trade is falling.

P20210122AS-0140: President Joe Biden adds a log to the fire in the Oval Office of the White House Friday, Jan 22, 2021. (Official White House Photo by Adam Schultz)