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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 ...
May 23, 2024 at 9:38 AM. By Lucia Mutikani. WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor ...
Initial claims for state unemployment benefits dropped 7,000 to a seasonally adjusted 227,000 for the week ended Aug. 10, the Labor Department said. Economists polled by Reuters had forecast ...
Economics. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
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 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.
Initial claims for unemployment benefits in the U.S. fell last week, indicating ongoing strength in the U.S. labor market despite recent fluctuations.According to data issued by the Department of ...
The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high interest rates. Jobless claims dropped by 7,000 to ...