All articles tagged with #jobless claims
The Labor Department reported initial unemployment claims fell to 215,000 for the week ended July 4, suggesting the labor market remains stable even as June payroll growth slowed; continuing claims rose to 1.814 million due to seasonal adjustment issues from the summer holidays. Fed minutes indicated inflation concerns but generally expected near-term labor market stability, with unemployment hovering near current levels.
Unemployment benefits applications fell to 189,000 for the week ending April 25, the lowest in more than five decades and well below forecasts, with the four-week moving average at 207,500 and continuing claims at 1.79 million, signaling a resilient labor market even as inflation and energy costs rise amid the Iran conflict.
U.S. weekly unemployment claims fell to 189,000—the lowest level in more than five decades— signaling a still-tight labor market, even as economists warn rising costs could weigh on hiring and business activity in the months ahead.
Initial unemployment claims for the week ending April 11 fell to 207,000 (down 11,000 from the prior week), with the four-week moving average rising to 209,750 and prior-week figures revised downward. The insured unemployment rate remained at 1.2% for the week ending April 4.
Initial unemployment claims fell to 205,000 for the week ending March 14 (lowest since mid‑January), while continuing claims rose to 1.86 million for the week ending March 7. Federal Reserve Chair Powell described the 4.4% unemployment rate as stable and said hiring and layoffs remain unusually low. Fed officials project unemployment around 4.4% this year, with GDP growth seen at about 2.4% in 2026 and 2.3% in 2027, and they expect at least one quarter-point rate cut later this year as the economy stays resilient despite layoffs at large firms.
First-time unemployment claims held at 213,000 in the latest week, marking a third straight week with little change and suggesting a sluggish but generally stable labor market. Continuing claims fell to 1.85 million, and economists had expected a rise to 215,000, easing concerns prompted by February’s payroll weakness.
U.S. weekly initial unemployment claims fell to 198,000, topping economists’ expectations and suggesting the labor market remains firm despite ongoing economic shifts.
Initial jobless claims fell by 9,000 to 198,000 for the week ending Jan. 10, dipping below 200,000 for only the second time in a year and signaling a potential improvement in the U.S. labor market (claims are seasonally adjusted).
US unemployment claims decreased to 214,000 last week, indicating a still healthy labor market despite signs of weakening, with recent job cuts and revisions suggesting a potential slowdown in job creation.
U.S. jobless claims have decreased to 214,000, lower than last year, indicating a stable low-layoff environment despite minimal hiring, with the labor market expected to remain slow but stable into 2026.
The US jobs market shows signs of stagnation with rising layoffs reported by large companies and low hiring activity, but low jobless claims and stable unemployment rates suggest it isn't collapsing yet. The delayed employment reports due to the government shutdown complicate the assessment of the labor market's health, which may remain uncertain until early next year.
Stock futures were mixed as the government shutdown delayed jobless claims data; Tesla's stock surged nearly 3% after reporting Q3 vehicle deliveries exceeding expectations, while Nvidia reached a new high, and Tesla's upcoming delivery data is highly anticipated.
Initial jobless claims in the U.S. dropped to 218,000 for the week ending September 20, the lowest since mid-July, indicating a resilient labor market despite recent volatility and concerns about rising layoffs. The decline suggests that the labor market remains strong, which may influence the Federal Reserve's decisions on interest rate adjustments.
Stock futures declined as Wall Street reacted to a surprise upward revision in Q2 GDP and falling unemployment claims, with Nvidia and Tesla stocks dropping in premarket trading amid broader market declines and mixed earnings reports.
US initial jobless claims fell by 33,000 to 231,000, the largest drop in nearly four years, indicating resilience in the labor market despite signs of slowdown and recent volatility, with the Federal Reserve resuming rate cuts amid concerns about employment stability.