New claims for jobless benefits increased by 14,000 last week to 202,000, continuing to stay below the pre-pandemic level in 2019. The increase was likely temporary as the labor market remained tight. … READ MORE >
initial jobless claims
Chart of the day: Initial jobless claims lowest since 1969
New filings for jobless benefits last week dropped to the lowest since 1969 as the tight labor market showed no sign of cooling. … READ MORE >
Initial jobless claims fall below pre-pandemic level while housing starts improve
New filings for jobless claims, a proxy for job layoffs, fell below the pre-pandemic level once again last week to 214,000, according to the Department of Labor. That marked a 15,000 drop from the prior week and a continuing testament to how tight the labor market has been. … READ MORE >
Chart of the day: Initial jobless claims inch up
Initial jobless claims inched up by 11,000 last week, most likely a temporary spike as most of the increase came from New York and California with 16,000 and 6,000 new claims, respectively. … READ MORE >
Initial jobless claims at lowest point since December as omicron retreats
New filings for jobless benefits fell below pre-pandemic levels for the first time since December as the economy continued to recover from the omicron surge. … READ MORE >
Chart of the day: Initial jobless claims continue to decline
Initial jobless claims last week continued to trend down toward the pre-pandemic level after a period of temporary increases because of the omicron variant. … READ MORE >
Initial jobless claims rise unexpectedly
New filings for jobless claims rose unexpectedly last week because of large jumps in Missouri and Ohio. New claims advanced to 248,000 from an upwardly revised 225,000 the week before. … READ MORE >
Chart of the day: New jobless claims continue to fall
New filings for jobless benefits dropped by 16,000 to 223,000 for the week ending Feb. 5 on a seasonally adjusted basis, only 5,000 from reaching its pre-pandemic level of 218,000. … READ MORE >
Chart of the day: Jobless claims fall as omicron crests
Initial jobless claims dropped to 238,000 on a seasonally adjusted basis for the week ending Jan. 29, a decline of 23,000 from a week earlier. … READ MORE >
Chart of the day: Initial jobless claims drop as omicron crests
New filings for jobless claims last week fell to 260,000, following the 14-week high of 290,000 in the previous week as COVID-19 cases continued to retreat from their record high in January, according to government data released Thursday.
… READ MORE >