US Jobless Claims Fall Slightly; Remain Near 1 Million
Applications for U.S. state unemployment benefits fell only slightly the week of Jan. 11 and remained elevated, signaling heightened pandemic-related strain in the U.S. labor market just as Joe Biden begins his first days as president.
US Jobless Claims Jump by Most Since March, Approach 1 Million
Applications for U.S. state unemployment benefits surged last week by the most since late March, pointing to persistent labor market pain as coronavirus infections continue to soar and potentially adding to momentum for a larger federal stimulus plan.
Initial Jobless Claims Remain Elevated Heading Into 2021
Applications for U.S. state unemployment benefits were little changed at elevated levels in the final week of 2020, indicating the labor market remains battered with the pandemic dragging on.
Jobless Claims Jump More Than Forecast Amid New Shutdowns
Applications for U.S. unemployment benefits surged last week, topping estimates with the highest level since September, suggesting that widening business shutdowns to curb the pandemic are spurring fresh job losses.
US Jobless Claims Drop, Offering Ray of Hope for Labor Market
Applications for U.S. state unemployment benefits fell by the most in almost two months, offering some hope that the gradual recovery in the job market will continue despite a spike in COVID-19 infections and renewed business restrictions.
US Recovery More Tenuous as Jobless Claims Rise, Incomes Fall
Applications for U.S. state unemployment benefits unexpectedly posted the first back-to-back weekly increase since July, while Americans’ incomes and savings fell last month.
Initial Jobless Claims Rise for First Time in Five Weeks
Applications for U.S. state unemployment benefits rose for the first time in five weeks and remained well above pre-COVID levels, suggesting the labor market recovery is slowing amid a surging pandemic and fresh business restrictions.
Number Seeking US Jobless Aid Drops to Lowest Since March
The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a further sign that the job market might be slowly healing.
751,000 Seek US Jobless Benefits as Virus Weighs on Economy
The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic.
Jobless Claims Decline More Than Forecast in Week Ending Oct. 24
Applications for U.S. state unemployment benefits fell more than forecast last week, suggesting the labor market remains on the path of gradual improvement — while still far from its pre-pandemic health.