U.S. Jobless Claims Remain Low, Showing No Sign Fed Has Cooled Demand for Labor
Lots of headlines about layoffs but no sign of significantly increased job loss in the claims data.
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GOP Rep. Westerman: We’re in ‘Untenable’ Situation with High Inflation with Long-Term Jobless Claims Growing
On Thursday’s broadcast of the Fox Business Network’s “Evening Edit,” Rep. Bruce Westerman (R-AR) reacted to jobless claims data showing that continuing unemployment claims hit their highest point since February by stating that this is a worrisome trend in the
Jobless Claims Retreat, Signaling Demand for Workers Remains High
A setback for the Fed or a foreshadowing of a soft-landing?
Jobless Claims Inch Upward
Both initial and continuing claims remain below historical averages, suggesting the labor market remains very tight.
Jobless Claims Fall to Five Month Low, Defying Fed’s Efforts to Cool Labor Market
Jobless claims fall below 200,000 despite the Fed’s efforts to tighten financial conditions.
Jobless Claims Climb Slightly, Still Not Indicating Weakness in Labor Market
Despite signs of weakening demand elsewhere in the economy, demand for labor remains extremely strong.
Audit: Michigan Unemployment Agency Hired Ex-Criminals to Manage Jobless Claims
The state agency tasked with processing the influx of unemployment claims in 2020 brought on many workers who had previously been convicted of financial crimes, including embezzlement and identity theft, according to an audit report.
Jobless Claims Unexpectedly Jump as Omicron Surge Takes Toll
Layoffs pickup as new cases surge.
Jobless Claims Fall to Lowest Since 1969, Fanning Inflation Fears
The historically low level of claims suggests that employers are reluctant to let go of workers in a very tight labor market. This could provoke further concerns about accelerating inflation.
Enough Stimulus Already? Weekly Jobless Claims Plunge to Lowest Level Since 1969
The lowest level of layoffs in 52 years calls into question the wisdom of ramping up deficit spending and ongoing accommodative monetary policy.
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.
Jobless Claims Fall by More Than Expected as Enhanced Benefits End
The end of enhanced and extended unemployment benefits saw a bigger than expected decline in applications for benefits.
Jobless Claims Dip to 340,000
Economists had forecast 345,000 new claims.
Jobless Claims Rise for First Time in Five Weeks
Jobless claims—both new and ongoing—failed to make progress, highlighting how the economy appears to have slowed in August.
Jobless Claims Notch Down to 400,000 as Layoffs Persist at Elevated Levels
New claims for unemployment benefits fell to 400,000 in the week ended July 24, 24,000 below the upwardly revised figure for the previous week.
Jobless Claims Unexpectedly Jump 51,000 to 419,000
Economists had forecast 350,000 new claims, a decline of 10,000 from the previous week’s initial estimate of 360,000.
Jobless Claims Fall, Suggesting Early End of Enhanced Benefits Is Working
Both continuing claims and new claims declined in the most recent report, suggesting more Americans are getting back to work.
Jobless Claims Unexpectedly Climb Higher to 373,000
New claims for unemployment benefits rose last week, the Department of Labor said Thursday. Economists had expected a further decline.
Jobless Claims Fall to 364,000 as the American Economy Gets Back to Work
New claims for unemployment benefits fell sharply last week, the Department of Labor said Thursday. Initial jobless claims declined to 364,000 for the week ended June 26, a decline of 51,000 from the previous week
Jobless Claims Unexpectedly Rise to 412,000
The first rise in new jobless claims since April.
Jobless Claims Drop to 385,000, A Post-Pandemic Low
Yet more than 15 million Americans are collecting some form of unemployment, the most recent figures indicate.
Reopening Works: Jobless Claims Drop 38,000 to 406,000, New Pandemic Low
Economists had expected an uptick in claims to 450,000 from last week’s lower-than-expected 444,0000.
New Jobless Claims Fall 34,000 to 444,000, Slightly Better Than Expected
New jobless claims fell 34,000 to 444,000 for the week ended May 15th, data from the Department of Labor showed Thursday.
Economists had expected claims to fall to 460,000 from the initially reported 4730,000 in the prior week. The prior week was revised up to 478,000.
Jobless Claims Fall to 473,000 as U.S. Reopening Rebound Continues
Economists had expected claims to fall to 475,000.
Jobless Claims Plummet to 498,000, Best Since Pandemic Struck
The progress on jobless claims may hurt the Biden administration’s efforts to pass an infrastructure bill, which it has dubbed a “jobs plan.”
America’s Reopening: Jobless Claims Unexpectedly Drop to 547,000
Economists had expected claims to rise to 615,000.
Jobless Claims Unexpectedly Jump to 744,000, Much Worse Than Expected
Jobless claims once again unexpectedly rose last week.
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.
Jobless Claims Higher Than Expected, Climbing to 719,000
Economists had forecast 680,000.
Despite Initial Claims Drop, the Total Number of Americans on Jobless Benefits Jumped to Nearly 19 Million
If you look beneath the headline numbers, the total number of Americans claiming jobless benefits rose in early March.
Jobless Claims Fall to 684,000, Better Than Expected
New weekly jobless claims fell to 684,000 for the week that ended March 20, the Department of Labor said Thursday.
Jobless Claims Unexpectedly Climb Despite Reopening
New weekly jobless claims rose to 770,000 for the week that ended March 13 the Department of Labor said Thursday.
Economists surveyed by Econoday had forecast a decline to 700,000.
Jobless Claims Drop to 712,000, Better than Expected
Jobless claims were expected to fall to 725,000 in early March.
Jobless Claims Rise By Less Than Expected
New weekly jobless claims rose to 745,000 for the week that ended February 27, the Department of Labor said Thursday.
Jobless Claims Jump to 861,000, Much Worse Than Expected
New weekly jobless claims unexpectedly rose by 13,000 to 861,000 in the week that ended February 13, the Department of Labor said Thursday.
Jobless Claims Drop to 779,000
Economists had expected a smaller dip.
Jobless Claims Jump to 965,000, Much Worse Than Expected
That is far above expectations for 800,000 claims.
Jobless Claims Stalled at 787,000
The post-election resurgence in layoffs amid renewed lockdowns continues.
Jobless Claims Top 800,000 For Third Straight Week
Jobless claims came in better than expected but still at an extremely elevated level.
Jobless Claims Unexpectedly Jump Higher Again
More bad news for the labor market.
