New claims for unemployment benefits fell to 1.314 million for the week ended July 6, 99 thousand fewer than a week earlier, the Department of Labor reported Thursday. Economists surveyed by Econoday had been expecting 1.375 million claims. This was
Another week of jobless claims higher than expected.
Jobless claims fell by less than expected last week.
The 11th week of jobless claims above one million.
Europe’s unemployment rate ticked up last month amid the coronavirus crisis, official data showed Wednesday.
Roughly 40 million layoffs since the coronavirus shutdowns began.
Continuing claims hit a record high of just over 25 million.
Jobless claims remain high as the economy continues to stumble from coronavirus hit and lockdowns.
Another bad week for American workers.
That brings new unemployment claims, a proxy for layoffs, over the past six weeks to around 30 million.
Another tough week for American workers.
Another week of job destruction across the United States.
A staggering 16.8 million Americans have been thrown onto the unemployment rolls in just three weeks.
The tidal wave of jobless claims has overwhelmed the systems in New York and elsewhere.
The Department of Homeland Security (DHS) is halting efforts to bring more H-2B foreign visa workers to the United States to take nonagricultural jobs after mounting public opposition.
More than 6.6 million Americans applied for unemployment benefits last week.
We will likely see more jobs lost before we begin to turn things around. But it is useful to remember that we can. And the clearest proof is in the very recent past.
Graham joined a few other Republican senators to object to bolstered unemployment benefits in the economic rescue bill.
Jobless claims are up but you ain’t seen nothin’ yet.
Weekly jobless claims provide the most up-to-date look we have at economic developments since the corona pandemic took hold.
The coronavirus has roiled financial markets but the labor market remains very strong.
The labor market remains very strong with very low levels of layoffs and unemployment.
The number of Americans filing for unemployment benefits fell 15,000 to a seasonally adjusted 202,000 last week.
It’s a virtuous circle for the economy: consumer spending supports labor market strength which supports consumer spending.
The economy is starting 2020 on a strong note.
New applications for state unemployment benefits fell 9,000 to a seasonally adjusted 214,000, the Labor Department said Thursday.
Initial jobless claims dropped 2,000 to a seasonally adjusted 222,000 for the week ended December 28.
The data suggests the labor market remains strong.
Jobless claims can be volatile around the holidays and this week’s spike in claims is likely a result of holiday effects rather than a jump in layoffs.
Jobless claims fall back down toward record lows.
