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The weekly jobless claims numbers are a proxy for layoffs, and those have remained below pre-pandemic levels. The unemployment rate is at a modest 4.2%, though that is up from a half century low 3 ...
American workers are taking longer to find jobs. Data from the Labor Department out Thursday showed 1.89 million continuing weekly unemployment insurance claims were made during the week ending ...
The number of Americans filing new applications for unemployment benefits increased moderately last week, consistent with gradually easing labor market conditions. Initial claims for state ...
The previous record for unemployment claims in one week was only about one fifth as high, at 695,000 claims in 1982. [ 33 ] More than 38 million Americans lost their jobs and applied for government aid, [ 34 ] [ 35 ] including nearly 4 million people in California , [ 36 ] in the eight weeks after the coronavirus pandemic began.
More Americans filed unemployment claims last week, but the labor market remains healthy and there are still relatively few layoffs. ... The total number of Americans receiving unemployment ...
Its headline number is the seasonally adjusted estimate for initial unemployment claims filed during the previous week in the US. 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 ...
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 of people who actually receive unemployment benefits. For one, initial claims don't include continued claims—individuals who claim benefits for additional ...
The number of people receiving benefits after an initial week of aid, a proxy for hiring, slipped 5,000 to a seasonally adjusted 1.874 million during the week ending Dec. 7, the claims report showed.