Tag: Jobless Claims United States
U.S. Weekly Jobless Claims Fall Unexpectedly
The U.S. Labor Department released its latest weekly U.S. jobless claims report on Thursday, revealing that claims for state unemployment benefits fell by 12,000 to a seasonally adjusted 237,000 claims in the week ending June 8. This indicates a strengthening U.S. labor market.
Although the...
U.S. Economy Emerges Stronger Than Expected According to Latest Data
The U.S. economy is performing better than expected, according to the latest round of economic data that was released this week. This positive development comes despite concerns about consumer spending.
Retail sales rose by 0.3% on a month-over-month basis, thereby outperforming an expected decline of...
Labor Market Remains Strong as Jobless Claims Fall
The U.S. labor market remains strong despite weaknesses in other areas of the economy, this week's latest jobless claims report indicated. This comes after the national unemployment rate came in at 3.5%; marginally higher than January's half-century low of 3.4%.
Data from the Department of...
U.S. Unemployment Insurance Claims on the Rise, Highest in 15 Months
The most recent report by the U.S. Department of Labor shows that weekly unemployment insurance claims have been on the rise across the nation. The number of jobless claims reached 239,000 last week, which is the highest mark since January 2022.
The jobless claims have...
Weekly Jobless Claims Decline As Job Market Remains Tight
The latest U.S. weekly jobless claims report showed that the number of Americans filing new claims for unemployment benefits went down this week. This unexpected decline indicates that the job market has remained strong despite the failure of two major regional banks.
Weekly jobless claims...
Strong Employment Growth Expected Ahead of Jobs Report
Steady growth in employment is expected to be reported in the latest U.S. monthly jobs report. The Labor Department is set to release the report at 08:30 EST on Friday morning.
While the labor market in August is expected to have remained tight in the...