Initial filings for jobless benefits last week reached 218,000—the average level in 2019—from a downwardly revised 197,000 in the prior week. … READ MORE >
initial jobless claims
Chart of the day: Initial jobless claims ease amid tight labor market
New claims for jobless benefits fell by 5,000 last week to 180,000 as labor demand continued to be robust and layoffs remained historically low. … READ MORE >
Chart of the day: Initial jobless claims point to strong jobs report
New filings for jobless claims last week fell slightly, to 184,000, holding steady below the average pre-pandemic level for the 12th straight week. … READ MORE >
Initial jobless claims remain low as consumer sentiment rises unexpectedly
Initial jobless claims last week rose to 185,000 yet remained significantly below the pre-pandemic level. At the same time, consumer confidence increased unexpectedly, according to the University of Michigan survey. … READ MORE >
Chart of the day: Initial jobless claims lowest in 54 years
New filings for jobless benefits fell to 166,000 last week—the fewest since 1968—as millions of job vacancies remained unfilled, the Labor Department reported on Thursday. … READ MORE >
Chart of the day: Initial jobless claims remain low
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 >
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 >