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Unadjusted claims increased 11,370 to 239,690, with applications in New York soaring by 4,092. Filings rose by 3,999 in California, likely reflecting some residual effects from the recent fires in ...
In California, for instance, the state unemployment rate hit 5.3% in February, up 0.8% from a year ago and the highest in the nation. New Jersey's unemployment rate hit 4.8% in February, also up 0.8%.
The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024.
Here's a look at how weekly unemployment claims changed in New York last week compared with the week prior.
This report tracks how many new people have filed for unemployment benefits in the previous week. It is a good gauge of the U.S. job market. It is a good gauge of the U.S. job market. For instance, when more people file for unemployment benefits, fewer people have jobs, and vice versa.
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.
The upbeat report came a day after the Federal Reserve delivered a third consecutive interest rate cut, but projected only two rate r ... Initial claims for state unemployment benefits dropped ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.