Initial claims for unemployment insurance rose last week, the Labor Department reported Thursday, but analysts said overall trends stayed positive as economic activity picked up steam.
Tag: Sarah House
Unemployment Claims Fall to Near Post-Pandemic Low
Initial claims for unemployment insurance fell by 42,000 to their lowest level since November, the Labor Department reported yesterday, nearly matching a post-pandemic low.
February Sees Strong 379K Job Gain
Employers added an impressive 379,000 jobs last month, the Bureau of Labor Statistics reported Friday, welcome news for an economy still struggling with the loss of millions of jobs resulting from the coronavirus pandemic.
Unemployment Insurance Claims Rise, But Trend Lower
Initial claims for unemployment insurance rose for the sixth time in the past seven weeks, the Labor Department reported yesterday, but overall claims continued to trend lower with spring approaching.
Initial Claims, Continued Claims Remain Elevated
Initial claims for unemployment insurance jumped by nearly 13,000 last week, while the previous week’s claims revised up by 55,000–a pointed reminder of the uneven pace of the country’s economic recovery.
Unemployment Claims Show Little Progress
Initial claims for unemployment insurance fell last week, the Labor Department reported, but an upward revision to the previous week’s results negated any progress toward a normalizing economy.
January Employment Picture Brightens a Little
Employers added 49,000 jobs in January, the Bureau of Labor Statistics reported Friday. And while the unemployment rate fell from 6.7% to 6.3%, Americans are still dealing with nearly 10 million jobs fewer than a year ago as a result of the coronavirus pandemic.
Initial Claims Show Improving Trend
Initial claims for unemployment insurance fell for the third straight week to their lowest level since November, the Labor Department reported yesterday, signaling the economy could be heading toward more stable footing.
Jobless Claims Show Incremental Improvement
Initial claims for unemployment insurance fell to 847,000 for the week ending Jan. 23, the Labor Department reported yesterday, a reminder that numbers will continue to remain elevated until a comprehensive pandemic response takes hold.
Unemployment Claims Remain Elevated
Initial claims for unemployment insurance fell by 26,000 from the week before, the Labor Department reported yesterday, but remain elevated in the wake of economic instability resulting from the coronavirus pandemic.