A Record 4.5 million Americans Quit Their Jobs in November
A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year’s coronavirus recession.
Jobless Claims Unchanged at 205,000
The number of Americans applying for unemployment benefits was unchanged last week, remaining at a historically low level that reflects the job market’s strong recovery from the coronavirus recession last year.
Consumer Confidence Rises Despite Omicron, Higher Prices
WASHINGTON — U.S. consumer confidence rose in December as Americans shrugged off concerns about rising prices and COVID-19’s highly contagious omicron variant.
Jobless Claims Hit 52-Year Low After Seasonal Adjustments
WASHINGTON — The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year’s coronavirus recession.
Jobless Claims Drop for Seventh Straight Week to 268,000
The number of Americans applying for unemployment benefits fell for the seventh straight week to a pandemic low of 268,000.
Producer Prices Jump an Unprecedented 8.3% in August
WASHINGTON — Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010.
Jobless Claims Hit a Pandemic Low as Hiring Strengthens
WASHINGTON — The number of people seeking unemployment benefits fell last week for a fourth straight time to a pandemic low, the latest sign that America’s job market is rebounding from the pandemic recession as employers boost hiring to meet a surge in consumer demand.
US Added 943,000 Jobs in July
WASHINGTON — Hiring surged in July as American employers added 943,000 jobs. The unemployment rate dropped to 5.4% as the U.S. economy continues to bounce back from last year’s coronavirus shutdown.
Jobless Claims Down 14,000 to 385,000 as Economy Rebounds
WASHINGTON — The number of Americans applying for unemployment benefits fell last week by 14,000 to 385,000, more evidence that the economy and the job market are rebounding briskly from the coronavirus recession.
Factory Output Dips 0.1% in June on Auto Chip Shortage
WASHINGTON — U.S. factory output slid last month as a shortage of computer chips disrupted auto production.