Unemployment Claims Rise to 240,000, Highest Since August
The four-week moving average of claims, which smooths out week-to-week volatility, rose by 5,500 to 226,750. read more >
The four-week moving average of claims, which smooths out week-to-week volatility, rose by 5,500 to 226,750. read more >
Fed officials have warned that the unemployment rate will likely have to rise as part of their fight against rising prices, and the most recent government jobs report likely snuffed out any hope that the Fed would pause rate increases when it meets in next week. read more >
The Arkansas unemployment rate rose one-tenth of a percentage point, from 3.4% in August to 3.5% in September, according to the state Division of Workforce Services. read more >
Jobless claims for the week ending Oct. 8 rose by 9,000 to 228,000, the Labor Department reported Thursday. read more >
It's good news for the Federal Reserve in its efforts to bring down high prices without plunging the economy into a recession. read more >
Applications for unemployment benefits for the week ending Sept. 24 fell by 16,000 to 193,000, the Labor Department reported. read more >
The number of job openings per unemployed worker fell below 2.0 for the first time this year. read more >
The jobless claims generally reflect layoffs. read more >
Applications for jobless aid for the week ending Sept. 3 fell by 6,000 to 222,000, the Labor Department reported Thursday. read more >
Applications for jobless aid for the week ending Aug. 27 fell by 5,000 to 232,000, the Labor Department reported Thursday. read more >
Powell also warned more explicitly than he has in the past that the Fed's continued tightening of credit will cause pain for many households and businesses as its higher rates further slow the economy and potentially lead to job losses. read more >
Applications for jobless aid for the week ending Aug. 20 fell by 2,000 to 243,000, the Labor Department reported Thursday. read more >
July's job creation was 130,000 more than those produced in June, and the most since February. read more >
Applications for jobless aid for the week ending July 23 declined by 5,000 to 256,000 from the previous week's 261,000, the Labor Department reported. read more >
The U.S. jobless rate also didn’t change from May to June, remaining at 3.6%. read more >
Employers posted 11.3 million job openings at the end of May, the Labor Department said Wednesday, down from nearly 11.7 million in April. read more >
The Fed's three-quarter-point rate increase exceeds the half-point hike that Chair Jerome Powell had previously suggested was likely to be announced this week. read more >
At least $80 billion distributed from the $400 billion program could have been fraudulent, much of it in scams using stolen identities. read more >
Numbers remain at historically low levels. read more >
Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth. read more >
