HomeTagsJobless us

Tag: jobless us

Stocks Close Mixed Following Unexpected Jobs Data

Stocks ended the week mixed after the release of August's jobs report. According to the data from the Bureau of Labor Statistics, US unemployment rose to 3.8% in August, above an expected 3.5%. Still, 187,000 new jobs were added last month, beating a forecast...

Unemployment Hits 18-Month High in Latest Jobs Report

Data released by the Bureau of Labor Statistics showed that the U.S. unemployment rate rose to 3.8% from 3.5% the previous month. This is the highest unemployment rate in the U.S. since February 2022. Still, there appear to be some positive repercussions arising from...

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. Jobs Report Exceeds Expectations

Data from the Bureau of Labor Statistics released on Friday indicated that the U.S. economy continues to remain strong despite unemployment rising. The May jobs report showed that 339,000 nonfarm payrolls were added during the month, far exceeding analysts' expectations of a rise 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...

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...