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The number of Americans filing new applications for unemployment benefits increased to a seven-month high last week, pointing to softening labor market conditions amid mounting economic headwinds from ...
Weekly Jobless Claims Rise Unexpectedly. New unemployment claims for the week ending December 7 totaled 242,000, higher than economists’ forecasts of 220,000. BY REUTERS. Dec 12, 2024.
The US Dollar is currently breaking out from its 2025 Main descending channel after forming a bullish divergence with the ...
Weekly jobless claims rose in the week ending July 27 to a 2024 high. Is this a signal for the state of the labor market or simply noise?. The Data: The U.S. Department of Labor released its ...
The total number of workers filing for unemployment benefits for the week ending Aug.10 was 1.863 million, an increase of 4,000 from the previous week and the highest weekly total since Nov. 27, 2021.
Jobless Claims Rise, ... Weekly applications for jobless benefits are seen as representative of U.S. layoffs and have mostly settled in a historically healthy range between 200,000 and 250,000 ...
US weekly jobless claims unexpectedly rise. ... Initial jobless claims in the U.S. rose unexpectedly to 242,000 last week. The unemployment rate increased to 4.2% as the labor market slows.
But the rise in recurring claims suggests more unemployed people are having a tougher time finding a new job. Weekly numbers tend to be volatile, however, particularly at this time of the year.
Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 221,000 for the week ended Nov. 2, the Labor Department said. Economists polled by Reuters had forecast ...
Continuing claims also rise Continuing claims in the week ending Feb. 15 were also up, noted Samuel Tombs, chief U.S. economist at Pantheon Macroeconomics, in a note on the latest jobless claims data.
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.
Initial claims increased by 8,000 to 247,000 in the week ended May 31, a period that included Memorial Day. The median forecast in a Bloomberg survey of economists called for 235,000 applications.