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
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 >
Initial jobless claims remain above pre-pandemic level
New claims inched down by only 0.9% last week, to 229,000, from an upwardly revised 231,000 in the prior week. The pre-pandemic level in 2019 was 218,000. … READ MORE >
Initial jobless claims exceed pre-pandemic level for second straight week
There were 229,000 new jobless claims for the week ending June 11, down slightly from an upwardly revised 232,000 in the prior week. … READ MORE >
Initial jobless claims rise to above pre-pandemic level
New claims for jobless benefits increased by 27,000 to 229,000 for the week ending June 4, from an upwardly revised 202,000 in the prior week. … READ MORE >
Chart of the day: Jobless claims fall amid tight labor market
Initial jobless claims fell by 5.2% last week to 200,000, a continuing reflection of the tight the labor market as layoffs remain near a multidecade low, according to government data released Thursday. … READ MORE >
Initial jobless claims show signs of bottoming out
New filings for jobless benefits last week inched down to 210,000 as a tight labor market kept layoffs below pre-pandemic levels. … READ MORE >