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The US economy added more jobs than forecast in November while the unemployment rate ticked higher as the labor market rebounded from a month negatively impacted by severe weather and labor strikes.
In the latest sign that layoffs remain low, data from the Department of Labor released Thursday morning showed 211,000 initial jobless claims were filed in the week ending Dec. 27, down from ...
The release is the first fresh reading on the state of the labor market since a weak July jobs report fueled recession fears less than a week ago. That report showed the US economy tallied its ...
Economists polled by Reuters had forecast 230,000 claims for the latest week. They had jumped 17,000 in the prior week. Claims have entered a period of volatility, which could see large swings in ...
U.S. employers added 227,000 jobs in November as the effects from hurricanes and strikes the previous month reversed. The unemployment rate was 4.2%
The report from the Labor Department on Thursday showed the labor market gliding at the end of the third quarter, a state of affairs that could allow the Federal Reserve to be in no rush to ...
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 US labor market entered a new gear in the second half of 2024. ... initial filings for unemployment insurance hit a seven-month low in the week ending Nov. 23, with 213,000 initial claims ...
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