Good news for workers: The latest government indicator for layoffs hit a five-month low, despite the Federal Reserve’s efforts to cool off the job market. The NATO military alliance weighs in on the gas leaks in Europe, warning it’ll take action if anyone attacks its members’ infrastructure. The Chinese yuan is weakening against the dollar—fast, prompting a […]
Good news for workers: The latest government indicator for layoffs hit a five-month low, despite the Federal Reserve’s efforts to cool off the job market. The NATO military alliance weighs in on the gas leaks in Europe, warning it’ll take action if anyone attacks its members’ infrastructure. The Chinese yuan is weakening against the dollar—fast, prompting a […]
WASHINGTON—The number of Americans filing new claims for unemployment benefits increased last week, suggesting some softening in the labor market, though overall conditions remain tight. That was underscored by other data on Thursday showing a sharp decline in layoffs announced by U.S.-based companies in July. The still-low level of unemployment claims and brisk pace of […]
The number of Americans filing initial jobless claims rose to a six-month high last week, government data show, while a separate report showed that the number of job cuts jumped 57 percent month-over-month in June, suggesting demand for labor is cooling. Initial filings for state unemployment benefits increased 4,000 to a seasonally adjusted 235,000 for […]
WASHINGTON—The number of Americans filing new claims for unemployment benefits fell less than expected last week, suggesting some cooling in the labor market, though conditions remain tight. The economy’s outlook is darkening, with other data on Thursday showing homebuilding slumping to a 13-month low in May, weighed down by soaring mortgage rates and building material […]
There was a decline in the number of Americans filing for new unemployment benefit claims for the week ending May 28, according to latest data from the U.S. Labor Department. The advance figure for seasonally adjusted initial claims was 200,000, down 11,000 from the previous week’s revised total of 211,000. The four-week moving average was 206,500 […]
New weekly filings for unemployment insurance—a proxy for layoffs—have risen above analysts’ expectations to a three-month high, prompting some economists to question whether the tight labor market is heading for a softer patch. First-time filings for unemployment insurance rose by 1,000 to 203,000 for the week ending on May 7, the Labor Department said in […]
New weekly filings for unemployment insurance—a proxy for layoffs—have reversed three consecutive weeks of declines and notched higher than analysts predicted, though jobless claims are still generally running at near pre-pandemic levels, suggesting the labor market recovery remains intact. First-time filings for unemployment insurance rose by 23,000 to 248,000 for the week ending Feb. 12, […]
The number of American workers filing weekly jobless claims—a proxy for layoffs—have declined for the third straight week, pointing to further firming of an already tight labor market. First-time filings for unemployment insurance came in at 223,000 for the week ending Feb. 5, down 16,000 from the prior week’s revised level of 239,000, the Labor […]
The number of American workers filing weekly jobless claims—a proxy for layoffs—rose by 23,000 from the prior week in what could be a sign of an impact from the Omicron surge, though the number of people continuing to claim benefits hit a multi-decade low, suggesting further labor market tightening. First-time filings for unemployment insurance came […]
