New claims for US unemployment benefits fell last week to the lowest level since mid-March, the government reported Thursday, in a fresh sign of a slowly improving job market. Initial jobless claims totaled 339,000 in the week ending April 20, down from the prior week’s revised reading of 362,000, the…
Disappointing economic data raised concerns that Friday’s labor report will come in worse than expected, despite the Federal Reserve’s supersized stimulus. Private sector hiring cooled in March as the federal government launched $85 billion in “sequester” spending cuts over the next seven months in the face of congressional budget gridlock.…
The US economy added a modest 155,000 net new jobs in December, the Labor Department said Friday, and the unemployment rate held steady at 7.8 percent. The number of jobs created was slightly lower than November’s 161,000, showing the economy still was generating enough fresh positions only to slowly pull…
US jobless claims fell by 12,000 last week, according to government data released Thursday. Seasonally adjusted initial claims for unemployment insurance in the week ending December 22 dropped to 350,000 from the previous week’s revised 362,000, the Labor Department said. The four-week moving average was 356,750, a decrease of 11,250…
US jobless claims fell back to 393,000 in the most recent week, the Labor Department said Thursday, still showing the impact of superstorm Sandy which blasted the Northeast in late October. Claims in the week to November 24 fell from 416,000 the previous week and 451,000 in the November 10…
US weekly jobless claims jumped by 78,000 in one week in the wake of Superstorm Sandy, which both interrupted reporting and forced people out of work in the northeast, Labor Department data showed Thursday. New claims for unemployment insurance, a signal of the pace of layoffs, rose to 439,000 in…
New claims for US unemployment insurance benefits dipped last week as the ailing jobs market continued to zigzag slowly toward better health, government data released Thursday showed. Initial jobless claims fell by 23,000 to 369,000 in the week ending October 20, the Labor Department said. That was better than most…
New claims for US unemployment insurance benefits fell slightly last week, government data released Thursday showed, in a report highlighting little change in the troubled jobs market. Initial jobless claims fell to 382,000 in the week ended September 15, dropping 3,000 from the prior week’s upwardly revised number, the Labor…