Among a series of economic reports released on Wednesday, first-time jobless claims increased for the second consecutive week, with the top line increasing to 778,000 for the week ending Nov. 21, up from 742,000 previously, … READ MORE >
initial jobless claims
Jobless claims: Data going wrong way as pandemic intensifies
Initial jobless claims increased by 742,000 for the week ending Nov. 14 as the pandemic intensified and lockdowns spread across the economy. … READ MORE >
Initial jobless claims: Modest improvement, but levels still elevated
First-time jobless claims continued to show modest improvement with the top-line figure arriving at 751,000 for the week ending Oct. 31. That is down 7,000 from the previous week’s revised level of 758,000, according to Labor Department data released Thursday. … READ MORE >
First-time jobless claims decline to 787,000, implying modest improvement
The pace of first-time claims for unemployment insurance declined to an elevated 787,000 for the week ending Oct. 17, strongly suggesting that the economy is slowing in the fourth quarter. … READ MORE >
Jobless claims continue to rise to highest level since August
The four-week moving average of first-time claims for unemployment insurance stands at 866,250, which is well above the monthly hiring pace of 661,000 that was posted in September and will likely be well above the top-line hiring number in October. … READ MORE >
Initial jobless claims: If you’re not confused, you’re not paying attention
Pandemic economics has brought about an interesting conundrum: The pace of firings in the economy remains above the monthly hiring data as the unemployment rate falls. Over the past six weeks, first-time claims for unemployment insurance have averaged 867,000. … READ MORE >
Initial jobless claims: Improvement stalls at elevated levels
There were 837,000 initial jobless claims for the week ending Sept. 26, and 1.487 million if one includes the 650,000 first-time claims for Pandemic Unemployment Assistance, the Labor Department reported on Thursday. … READ MORE >
Initial jobless claims: No meaningful improvement in the pace of firings
Initial jobless claims for the week ending Sept. 19 arrived at 870,000, up from 860,000 during the previous week, the Labor Department reported on Thursday. … READ MORE >
Initial jobless claims remain elevated at 860,000
The pace of firings in the economy remains well above anything observed during the Great Financial Crisis as 860,000 workers filed for first-time jobless claims for the week ending Sept. 12, a reflection of the deep scarring in the domestic labor market and economy. … READ MORE >
Initial jobless claims arrive above expectations
First-time initial jobless claims increased by 884,000 on a seasonally adjusted basis, higher than the 850,000 anticipated, and by 857,000 on a non-seasonally adjusted basis, according to data released by the Labor Department on Thursday. … READ MORE >