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In February 2020, the unemployment rate stood at 3.5%, matching its lowest level in more than 50 years. Inflation-adjusted gross domestic product increased at a solid annualized clip of 2.1% over ...
The four-week average of claims, which smooths out some of the weekly ups and downs, rose by 2,500 to 238,000. The total number of Americans collecting unemployment benefits for the week of July 20 jumped by 33,000 to 1.88 million. The four-week average for continuing claims rose to 1,857,000, the most since December of 2021.
Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 249,000 for the week ended July 27, the highest level since August last year. Economists polled by Reuters ...
MATT OTT. August 1, 2024 at 8:41 AM. The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains surprisingly healthy ...
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
Jobless claims. Initial jobless claims are a data point issued by the U.S. Department of Labor as part of its weekly Unemployment Insurance Weekly Claims Report. Initial jobless claims refer to claims for unemployment benefits filed by unemployed individuals with state unemployment agencies. Initial claims should not be confused with the number ...
Unemployment rate by jurisdiction. Data for all U.S. states, the District of Columbia [ 4] and Puerto Rico [ 5] is from June 2023 and September 2021, respectively. Data for Guam is from September 2019, and data for American Samoa is from 2018. Data for the Northern Mariana Islands is from April 2010 (more than ten years old) it is included but ...
The total number of Americans collecting unemployment benefits rose for the ninth straight week, to 1.86 million, for the week of June 22. US filings for jobless claims inch up modestly, but ...