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The New York State Department of Labor (DOL or NYSDOL) is the department of the New York state government that enforces labor law and administers unemployment benefits. [1] [2] The mission of the New York State Department of Labor is to protect workers, assist the unemployed and connect job seekers to jobs, according to its website. [1]
Initial filings for unemployment benefits in New Jersey dropped last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, fell to ...
The number of people receiving benefits after an initial week of aid, a proxy for hiring, increased 15,000 to a seasonally adjusted 1.886 million during the week ending Nov. 30, the claims report ...
The four-week average of weekly claims, which quiets some of the weekly volatility, rose by 750 to 218,250. Weekly applications for jobless benefits are considered a proxy for U.S. layoffs.
Since this statistic is published weekly, it is commonly depended on as a current indicator of the labor market and the economy generally. In 2016, the number of people on unemployment benefits fell to around 2.14 million, the lowest in the last 4 decades. [65] In April 2020, claims reached 40 million, a new all-time high. [citation needed]
Initial jobless claims measure emerging unemployment, and it is released after one week, but continued claims data measure the number of persons claiming unemployment benefits, and it is released one week later than the initial claims, that's the reason initial have a higher impact in the financial markets.
Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 227,000 for the week ended Oct. 19, the Labor Department said. Economists polled by Reuters had forecast ...
The New Jersey Civil Service Commission is an independent body within the New Jersey state government under the auspices of the department. Initially constituted in the late-1940s, pursuant to P.L. 1948, c.446, as the Department of Labor and Industry, the department is one of 16 executive branch departments in New Jersey state government.