Initial Claims Soar to 5-Month High

Initial claims for unemployment benefit jumped to their highest level since August as continued fallout from the coronavirus pandemic and a stumbling economy kept workers on the sidelines.

Job Losses Mark December Employment Report

The U.S. economy shed 140,000 jobs in December, the Bureau of Labor Statistics reported Friday, although the unemployment rate held steady at 6.7 percent.

Little Movement in Weekly Unemployment Claims

With a slowing economy, Americans filing weekly initial unemployment claims has shown little movement over the past several months, according to Labor Department data.

Initial Claims Continue to Backslide

Initial claims for unemployment benefits jumped for the second consecutive week, raising concerns about the sustainability of the current economy and raising alarms with unemployment benefits set to expire.

Initial Claims Keep Moving in Wrong Direction

Initial claims for unemployment insurance rose for the third time in five weeks amid signs the economy is stalling, the Labor Department reported yesterday.

Job Growth Slows Heading into Uncertain Winter

Total nonfarm payroll employment growth slowed to 245,000 in November, the Bureau of Labor Statistics reported Friday, with nearly 10 million fewer jobs currently compared to a year ago.

Jobless Claims Drop, Remain Elevated

Initial claims fell in the week ending Nov. 28, the Labor Department reported yesterday, but remain elevated in the wake of the coronavirus pandemic and resulting economic slowdown.

Initial Unemployment Claims Suffer Setback

Initial claims for unemployment insurance rose for the week ending Nov. 14, hamstrung by a dramatic jump in coronavirus cases and no sign of a new economic stimulus program before next year.

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.