initial jobless claims

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 >

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 >

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 >

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 >

Initial jobless claims for the month of July point to a potential inflection point in the American labor market. July’s data perfectly captured the flattening out of consumer demand and slowing of overall growth in the economy. … READ MORE >

The grim news from the national increase in initial jobless claims, which are adjusted for seasonal effects, was mitigated somewhat by the state-by-state raw counting of first-time filings for unemployment benefits. … READ MORE >

First-time jobless claims increased by 1.434 million for the week ending July 25, the Labor Department reported on Thursday, while continuing claims increased by 17.01 million, implying an increase to an 11.6% insured unemployment rate. … READ MORE >