Tag: jobless claims

  • Jobless Claims Fall But Sandy Dampens Recovery

    Jobless Claims Fall But Sandy Dampens Recovery

    WASHINGTON -- The number of Americans filing new claims for jobless benefits fell last week but remained elevated due to Hurricane Sandy, a sign that the storm is proving to be a substantial disruption to the labor market. Initial claims for state unemployment benefits dropped 41,000 to a seasonally adjusted... Continue Reading

  • Jobless Claims Jump, Hurricane Sandy Blamed

    Jobless Claims Jump, Hurricane Sandy Blamed

    WASHINGTON -- The number of Americans filing new claims for jobless benefits surged last week to a 1 1/2-year high, a sign superstorm Sandy had dented the U.S. economy by leaving tens of thousands of people out of work. Initial claims for state unemployment benefits rose 78,000 to a seasonally adjusted... Continue Reading

  • Weekly Jobless Claims Fall Amid Hurricane Sandy

    Weekly Jobless Claims Fall Amid Hurricane Sandy

    The number of Americans filing new claims for unemployment benefits fell last week, a sign the labor market's slow recovery was gaining traction, although a severe storm distorted the data. Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 355,000, the Labor Department said... Continue Reading

  • Hurricane Sandy Victims Can Get Unemployment Help

    Hurricane Sandy Victims Can Get Unemployment Help

    By Tami Luhby NEW YORK -- Residents of three states pummeled by Hurricane Sandy could be eligible for disaster assistance payments if they lost their job due to the storm. To qualify for the funds, people must be unemployed as a direct result of the storm and be ineligible for traditional unemployment... Continue Reading

  • U.S. Weekly Jobless Claims Dropped Again

    U.S. Weekly Jobless Claims Dropped Again

    WASHINGTON, Nov 1 (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, a sign the labor market's slow recovery was gaining traction. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 363,000, the Labor Department said on Thursday.... Continue Reading

  • Weekly Jobless Claims Drop, Job Market Healing

    Weekly Jobless Claims Drop, Job Market Healing

    WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted... Continue Reading

  • Weekly Jobless Claims Rise, Technical Issues Cited

    Weekly Jobless Claims Rise, Technical Issues Cited

    WASHINGTON, Oct 18 (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, reversing a sharp decline in the prior week but still pointing to a labor market that is slowly healing. Initial claims for state unemployment benefits rose 46,000 to a seasonally adjusted... Continue Reading

  • Weekly Jobless Claims Fall To Lowest In 4.5 Years

    Weekly Jobless Claims Fall To Lowest In 4.5 Years

    WASHINGTON, Oct 11 (Reuters) - The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according to government data on Thursday that suggested improvement in the labor market. Initial claims for state unemployment... Continue Reading

  • Discouraged Workers: Ashamed, Invisible And An Enduring Statistic

    Discouraged Workers: Ashamed, Invisible And An Enduring Statistic

    Like many older, unemployed workers, Geoff Dutton would like to find a job. The former software-manual writer has been out of work for 18 months, and during that time businesses have increasingly shifted to Internet-based systems for storing data rather than having their own in-house servers. "The companies... Continue Reading

  • Unemployment Rate Drops To 7.8 Percent, Nearly 4-Year Low

    Unemployment Rate Drops To 7.8 Percent, Nearly 4-Year Low

    By Lucia Mutikani WASHINGTON -- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. The Labor Department said on Friday that the unemployment rate, a key focus in the race for the White House, dropped by 0.3... Continue Reading

  • Hopeful Sign? U.S. Unemployment Claims Fall To 2 Month Low

    Hopeful Sign? U.S. Unemployment Claims Fall To 2 Month Low

    WASHINGTON -- The number of Americans filing new claims for jobless benefits fell last week to the lowest level in two months, a hopeful sign for a labor market that has struggled to gain traction in recent months. Initial claims for state unemployment benefits dropped 26,000 to a seasonally adjusted 359,000,... Continue Reading

  • U.S. Unemployment Claims Down Last Week, Job Market Still Weak

    U.S. Unemployment Claims Down Last Week, Job Market Still Weak

    WASHINGTON, Sept 20 (Reuters) - The number of Americans filing new claims for jobless benefits fell last week, unwinding some of the weather-related spike during the previous week, but the underlying tone of the report pointed to some weakening in the labor market. Initial claims for state unemployment... Continue Reading

  • Jobless Claims Drop To Lowest In A Month

    Jobless Claims Drop To Lowest In A Month

    WASHINGTON -- The number of Americans filing new claims for jobless benefits fell last week to its lowest level in a month, an upbeat signal for a labor market that has struggled to create enough jobs. Initial claims for state unemployment benefits dropped by 12,000 to a seasonally adjusted 365,000, the... Continue Reading

  • Unemployment Claims Remain Unchanged

    Unemployment Claims Remain Unchanged

    WASHINGTON -- The number of Americans filing new claims for jobless benefits was unchanged last week, pointing to a labor market that was treading water. Initial claims for state unemployment benefits were a seasonally adjusted 374,000, the Labor Department said on Thursday. The prior week's figure was... Continue Reading

  • Jobless Claims Rise: Labor Market Healing Slowly

    Jobless Claims Rise: Labor Market Healing Slowly

    By Jason Lange WASHINGTON, Aug 23 -- The number of Americans filing new claims for jobless benefits unexpectedly rose last week, suggesting that the labor market is healing too slowly to make much of a dent in the unemployment rate. Initial claims for state unemployment benefits rose 4,000 to a seasonally... Continue Reading

  • Jobless Claims Lowest Since March, But Change Could Just Be Seasonal

    Jobless Claims Lowest Since March, But Change Could Just Be Seasonal

    Jobless Claims Down Sharply, But The Devil Is In The Details

    By Paul Wiseman WASHINGTON -- The number of Americans applying for unemployment benefits dropped by 35,000 last week, a figure that may have been distorted by seasonal factors. The Labor Department said Thursday that applications fell to a seasonally adjusted 353,000. That's down from a revised 388,000 the... Continue Reading

  • Republican Bill Has Major Typo On Jobless Rate

    Republican Bill Has Major Typo On Jobless Rate

    WASHINGTON -- A House Republican bill is designed to freeze major government regulations until the unemployment rate reaches 6 percent or below. An error in drafting the bill, however, turns that goal upside down. Continue Reading

  • Jobless Claims Rise, Reversing Previous Week's Drop

    Jobless Claims Rise, Reversing Previous Week's Drop

    By Paul Wiseman WASHINGTON -- The number of Americans seeking unemployment benefits surged last week, although the figures may have been distorted by seasonal factors. The Labor Department says applications rose by 34,000 to a seasonally adjusted 386,000. The increase reversed a big drop the previous week. Continue Reading

  • Jobless Claims Drop, Suggesting Improved Hiring Outlook

    Jobless Claims Drop, Suggesting Improved Hiring Outlook

    By Christopher S. Rugaber WASHINGTON -- The number of people seeking unemployment aid last week fell to its lowest level since mid-May, suggesting layoffs are easing and hiring could pick up. The Labor Department says weekly unemployment benefit applications dropped by 14,000 to a seasonally adjusted... Continue Reading

  • U.S. Jobs Data Confirm Worst Fears: Employers Not Hiring Much

    U.S. Jobs Data Confirm Worst Fears: Employers Not Hiring Much

    If you're thinking the labor market feels lousy, just released data from the federal government will bolster your suspicions. The Labor Department said Friday that data from the nation's employers showed that they added only 69,000 jobs in May, far fewer than the 150,000 that analysts had expected, while a... Continue Reading

  • U.S. Filings For Unemployment Aid At A 5-Week High

    U.S. Filings For Unemployment Aid At A 5-Week High

    By Christopher S. Rugaber WASHINGTON -- The number of Americans seeking unemployment benefits rose last week to a five-week high, evidence that the job market remains sluggish. The Labor Department said Thursday that weekly applications for unemployment aid rose 10,000 to a seasonally adjusted 383,000. The... Continue Reading

  • U.S. Unemployment Claims Barely Budge, New Data Shows

    U.S. Unemployment Claims Barely Budge, New Data Shows

    New claims for unemployment benefits fell slightly last week, government data on Thursday showed, suggesting that the labor market continues to expand at a moderate pace. Initial claims for state unemployment benefits slipped by 2,000 to a seasonally adjusted 370,000, the Labor Department said. The prior... Continue Reading

  • U.S. Applications For Jobless Aid Up To 2-Month High

    U.S. Applications For Jobless Aid Up To 2-Month High

    By Christopher S. Rugaber WASHINGTON -- More people sought unemployment benefits last week, pushing the number of applicants to the highest level in two months. The Labor Department said Thursday that weekly unemployment benefit applications jumped 13,000 to a seasonally adjusted 380,000. The previous... Continue Reading

  • AP Survey: More Optimism About U.S. Jobs And Economy

    AP Survey: More Optimism About U.S. Jobs And Economy

    By Christopher S. Rugaber WASHINGTON -- The U.S. economy is improving faster than economists had expected. They now foresee slightly stronger growth and hiring than they did two months earlier -- trends that would help President Barack Obama's re-election hopes. Continue Reading

  • Fewer U.S. Workers Seek Unemployment Aid As Job Market Improves

    Fewer U.S. Workers Seek Unemployment Aid As Job Market Improves

    By Christopher S. Rugaber WASHINGTON -- The number of people seeking unemployment aid fell last week, a sign that companies are cutting fewer jobs and likely stepping up hiring. Weekly unemployment applications fell 12,000 to a seasonally adjusted 367,000, the Labor Department said Thursday. The four-week... Continue Reading

  • Weekly Unemployment Claims Drop To 352,000, Fewest Since 2008

    Weekly Unemployment Claims Drop To 352,000, Fewest Since 2008

    By Christopher S. Rugaber WASHINGTON -- The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening. Weekly applications fell 50,000, the biggest drop in the seasonally adjusted figure in... Continue Reading

  • S.C. Makes It Harder To Get Unemployment Benefits

    S.C. Makes It Harder To Get Unemployment Benefits

    By Seanna Adcox COLUMBIA, S.C. (AP) -- A state with chronically high unemployment is making it tougher for the jobless to draw benefits by trying to force people to take lower-wage jobs and making it easier for laid-off workers to be declared ineligible. New policies at South Carolina's Department of... Continue Reading

  • Unemployment Benefit Applications Jump To 399,000

    Unemployment Benefit Applications Jump To 399,000

    By Christopher S. Rugaber WASHINGTON (AP) -- Applications for weekly unemployment benefits spiked last week, largely because companies let go of thousands of workers after the holiday season. Weekly applications rose by 24,000 to a seasonally adjusted 399,000, the Labor Department said Thursday. That's... Continue Reading

  • Obama Says Jobless Rate Could Drop To 8 Percent

    Obama Says Jobless Rate Could Drop To 8 Percent

    By Steve Peoples WASHINGTON (AP) -- Setting a new bar for the nation's economy, President Barack Obama said the United States unemployment rate could fall to 8 percent before he faces re-election next November. The unemployment rate, currently at 8.6 percent, hasn't been at or below 8 percent since he... Continue Reading

  • 10 States Where The Most Unemployed Could Lose Benefits

    10 States Where The Most Unemployed Could Lose Benefits

    Nearly 2 million Americans currently receiving unemployment benefits stand to lose coverage this January if Congress does not extend the emergency federal unemployment insurance program. 24/7 Wall St. has reviewed a study by the National Employment Law Project to identify the ten states where the most people... Continue Reading