New claims for unemployment benefits fell by a sharp 16,000 last week to 193,000 on a seasonally adjusted basis, the fewest since April. … READ MORE >
initial jobless claims
Initial jobless claims drop to lowest level since May
The labor market showed continuing strength as last week’s new filings for jobless claims fell for the fourth week in a row. … READ MORE >
Jobless claims show that jobs remain plentiful
First-time claims for unemployment benefits declined to 232,000 for the week ending Aug. 27 as continuing claims increased modestly. … READ MORE >
Better-than-expected GDP and jobless claims push back recession fear
The decline in U.S. gross domestic product growth in the second quarter was less than previously estimated, and jobless claims fell by 0.,8%. … READ MORE >
Existing home sales fall below pre-pandemic level as initial jobless claims hold steady
Existing home sales fell in July to their lowest level since 2020 amid elevated mortgage rates as the Federal Reserve continued to hike interest rates. Sales dropped 5.9% to 4.81 million annualized, marking the sixth straight month of market contraction. … READ MORE >
Initial jobless claims rise as producer inflation deflates for first time in 2 years
While there has been a clear upward trend in new unemployment claims, the number remained relatively low compared to the historical standard, especially with significant downward revisions to data for the last two weeks of July. … READ MORE >
Initial jobless claims rise amid labor market slowdown
New claims for jobless benefits rose by 2.4% to 260,000 for the week ending July 30, after a brief decline in the prior week. … READ MORE >
Jobless claims in July continue rising layoffs trend
Initial jobless continue to trend above the pre-pandemic average, as the U.S. economy contracted for the second consecutive quarter. However, continued jobless claims remain flat, suggesting people receiving unemployment benefits aren’t remaining unemployed for long. … READ MORE >
Initial jobless claims rise to eight-month high
New filings for jobless benefits rose more than expected last week to an eight-month high of 251,000, continuing to show signs of increases in layoffs amid an economic slowdown. … READ MORE >
Latest jobless claims and producer inflation show upside surprises
New filings for jobless benefits last week rose by 3.8% to 244,000 while producer inflation rose by a surprisingly strong 1.1% in June. … READ MORE >