Key Points
The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs...
Applications for unemployment benefits fell by 12,000 to 201,000 for the week ending Feb. 17, the Labor Department reported Thursday...
The four-week average of claims, a less volatile measure, fell by 3,500 to 215,250, down from 218,750 the previous week...
In total, 1.86 million Americans were collecting jobless benefits during the week that ended Feb. 10, a decrease of 27,000 from the previous week...
The Federal Reserve raised its benchmark borrowing rate 11 times beginning in March of 2022 in an effort to bring down the four-decade high inflation that took hold after the economy roared back from the COVID-19 recession of 2020...
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U.S. weekly jobless claims fall more than expected
16, Mar, 23Initial claims for state unemployment benefits dropped 20,000 to a seasonally adjusted 192,000 for the week ended March 11, the Labor Department said on Thursday. Economists polled by Reuters had forecast 205,000 claims for the latest week.
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11, May, 23US unemployment applications have reached their highest since October 2017, causing concern that the market is beginning to stagnate. Continuing claim
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18, May, 23Initial unemployment claims fell by 22,000 to 242,000 in the week ended May 13, Labor Department data showed. On an unadjusted basis, claims decreased by the most in two months, to 215,810, largely due to a drop in Massachusetts
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29, Dec, 23The number of Americans filing initial claims for unemployment benefits rose last week, indicating the labour market continues to cool in the year's fourth quarter