Unemployment Claims

Markets and investors are pleasantly surprised by a sudden decrease in unemployment benefits, further proving the enduring strength of the U.S. labor market. The Labor Department said Thursday that initial jobless claims totaled 230,000 for the week ending Aug. 18, showing a decline from both the...

The number of Americans filing for unemployment benefits slightly increased last week, reaching 227,000, aligning with economist predictions and indicating the U.S. labor market’s continued resilience. The Department of Labor’s latest report Thursday showed a marginal uptick of 6,000...

New economic data, released on Thursday, point to continued labor strength and stronger-than-expected economic growth last quarter.Weekly unemployment benefits fell more than expected, from 265,000 to 239,000, well below the consensus figure of 265,000 and indicating a persistent trend of...

The most recent report from the Department of Labor revealed a larger-than-anticipated uptick in unemployment claims for the preceding week, from 233,000 to 261,000, raising concerns amid the mixed jobs market report from last week. This marks the third consecutive week of rising initial jobless...

The number of Americans registering for unemployment benefits in the week ending May 6 rose by 22,000 to 264,000, above the expected 242,000, the U.S. Labor Department reported Thursday. Initial jobless claims came in at 264,000. That's up from 242,000 the prior week, and well above...

Last week, 3.8 million people filed for unemployment benefits, bringing America’s total claims number to over 30 million. These numbers come as a result of the COVID-19 coronavirus which prompted mass layoffs and business closures across the entire country. Despite the global economic...