Initial claims for unemployment insurance fell by just 7,000 for the week ending Oct. 31, the Labor Department reported yesterday.
Tag: Labor Department
Initial Claims Fall to Lowest Level Since March
Initial claims for unemployment insurance fell to their lowest level since March, the Labor Department reported yesterday, but remain elevated from pre-pandemic levels.
Jobless Claims ‘Back on Track,’ Remain Elevated
After several weeks of increased numbers, initial claims for unemployment insurance fell significantly last week, suggesting a bit of stabilization for an extremely volatile economic metric.
Initial Claims Rise to 898K; Labor Market Remains ‘Precarious’
The labor market remains under stress, as evidenced by yesterday’s initial claims report from the Labor Department, which showed claims rising for the second straight week to its highest level since August.
Initial Jobless Claims Remain Stubbornly High
Initial claims for unemployment insurance fell slightly last week, the Labor Department reported yesterday, but only after an upward revision from the previous week’s numbers.
Little Movement in Unemployment Claims for 2nd Straight Week
Initial claims for unemployment insurance fell just slightly for the second straight week, suggesting recovery from the coronavirus-induced economic slowdown will remain slow and gradual.
Initial Claims Persist at Disconcerting Rate
Initial claims for unemployment insurance ticked back up last week, the Labor Department reported yesterday—another indicator of just how persistent economic conditions have been since the coronavirus hit this past winter and spring.
Unemployment Claims Dip to 860,000; Continuing Claims Remain Elevated
The Labor Department yesterday reported 860,000 initial claims for unemployment insurance, seasonally adjusted, for the week ending September 12, down by 33,000 from the previous week, but still high by historical standards.
Unemployment Claims Fall Back Under 1 Million—With an Asterisk
Initial claims for unemployment fell under one million last week for just the second time since March, but the change largely reflected a change in methodology by the Labor Department and remain elevated by historical standards.
ADP: August Employment Up by 428,000
Ahead of this morning’s unemployment insurance claims report from the Labor Department and Friday’s employment report from the Bureau of Labor Statistics, ADP, Roseland, N.J., said private-sector employment increased by 428,000 jobs in August.