Initial Claims Rise for 2nd Straight Week

After improving—relatively speaking—through most of the spring, initial claims backslid for the second consecutive week, the Labor Department reported yesterday.

After Several Months of Declines, Insurance Claims Tick Up

Since hitting a record 6.9 million at the end of March, initial claims have fallen, albeit gradually, for the past 15 weeks. That streak ended last week: the Labor Department reported 1.4 million new claims for the week ending July 14, up by 109,000 from the previous week.

January Jobs Report Beats Expectations

Total nonfarm payroll employment rose by 225,000 in January, beating economists’ expectations, the Bureau of Labor Statistics reported on Friday.

Fed Keeps Interest Rates Steady

Yesterday the Federal Reserve Board opted to keep the benchmark Federal Funds rate where it is, ending a recent run of interest rate cuts.

November Hiring Defies Expectations

Total nonfarm payroll employment rose by a better-than-expected 266,000 in November, the Bureau of Labor Statistics reported Friday.