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August saw a 315K job increase, and the unemployment rate increased to 3.7%.

The Labor Department reported on Friday that employers added 315,000 jobs in August, which was in line with predictions but a significant decrease from July.

This figure is compared to the revised 526,000 jobs that were added in July, which was more than double the anticipated amount. P...

US ECONOMY ADDED 559,000 JOBS IN THE MONTH OF MAY

Highlights

• As the rise is number of jobs added is almost double, the unemployment rate went down from 6.1 percent to 5.8%.

• the Thursday's Labor Department report said that number of people filing for unemployment claims went down to 385,000

Accordin...

S. KOREA REPORTS INCREASE IN NUMBER OF EMPLOYED PEOPLE IN MARCH

Highlights –

S. Korea reports increase in number of employed people in March.
The country saw numbers of employed people reach 26.9 million.
The unemployment rate also rose 0.1% point on-year to 4.3 percent last month.
Temp...

916,000 JOBS WERE ADDED IN U.S. IN MARCH, UNEMPLOYMENT RATE PLUNGES BY 6%

Highlights

• This surge in jobs is a result of increased vaccinations and lesser curbs on businesses

• The Labor Department report said nonfarm payrolls went up by 916,000 in March and February unemployment was revised up to a 468,000 gain

• As per the...

US WEEKLY JOBLESS CLAIMS FALL TO A ONE-YEAR LOW

Highlights

• This fall indicates that the economy is improving and one of the major reason behind this is vaccinations

• The Labor Department report showcased that 18.953 million people were still receiving unemployment checks in early March

According to a ...

US UNEMPLOYMENT CLAIMS GO UP TO 770,000 AS LAYOFFS REMAIN HIGH

Highlights

• According to the report released by the Labor Department on Thursday, the jobless claims went up to 770,000 from 725,000 the week before

• The average of four weeks claims plunged to 746,000, which is the lowest since late November

• The L...

US UNEMPLOYMENT CLAIMS GO UP TO 861,000

Highlights

• The Labor Department on Thursday said that applications from laid-off workers jumped 13,000 from the previous week, which was revised sharply higher

• Before the first case of the virus was reported in the month of March last year in the United Sta...

FIRST SIGNS OF RECOVERY AS U.S. JOBLESS CLAIMS SLUMP LAST WEEK

Highlights

• According to the Labor Department report, new jobless claims came in at 803,000 for the week ended on December 19

• It is being said that despite high hopes from COVID-19 vaccine rollout, the economy will remain impacted as the country is once again repo...

U.S. WEEKLY UNEMPLOYMENT CLAIMS JUMP TO 742,000

Highlights

• According to the data released by the US Labor Department, first-time jobless claims went up by seasonally adjusted 31,000 to 742,000 in a week ended on November 14

• The government said another 320,237 people have applied for benefits via temporary fede...

U.S. ECONOMY GAINED 661,000 JOBS IN SEPTEMBER, UNEMPLOYMENT RATE SLUMPS TO 7.9%

Highlights

• The impact of this sluggish rise in employment and the US President Donald Trump testing COVID positive was immediately visible on the stock markets

• According to the Bureau of Labor Statistics, private-sector hiring was slightly better with addition of...

TOTAL 837,000 US CITIZENS FILED FOR NEW UNEMPLOYMENT CLAIMS IN LAST WEEK

Highlights

• According to the report released on Thursday, 837,000 filed or unemployment claims in the last week as compared to 873,000 in the prior week and this number is less than 850,000, which was predicted by the market analysts

• For the fifth consecutive week...

U.S. UNEMPLOYMENT CLAIMS RISE UP TO 870,000

Highlights

• According to the Labor Department report, total 870,000 people have filed for jobless claims in the last week, which is more than 866,000 reported a week earlier

• The report also states that the number of workers returning back to their previous j...

THE U.S. ADDED 1.4 MILLION JOBS IN AUGUST: BUREAU OF LABOR STATISTICS

Highlights

• The unemployment rate has gone down from 15 percent in April to 8.4 percent in August

• The U.S. has added nearly 50 percent of total jobs lost in the period of COVID-19 pandemic

• The data states that most of the companies are bringing ba...

MANY US STATES ARE APPROVED FOR THE ADDITIONAL UNEMPLOYMENT INSURANCE

Highlights

South Dakota is the only state to decline the subsidy
Texas and Arizona have started paying out the claims

Over the past few weeks, states have been applying for the funds from the Federal Emergency Management Agenc...

MORE AMERICANS CONTINUE TO FILE NEW CLAIMS FOR UNEMPLOYMENT BENEFITS

Highlights –

More Americans continue to file new claims for unemployment benefits.
The U.S is struggling with a setback in the job market due to the pandemic.
Claims for unemployment benefits have now risen to more than 1 million mark...

US JOBLESS CLAIMS FALL BELOW 1 MILLION

Highlights

The total claims for the week ending on August 8 were 963,000
As per the estimates of economists surveyed by Dow Jones, it was well below

To contain the corona virus, the United States economy went into lockdown after the ...

US WORKERS WILL BE ELIGIBLE FOR $400/WEEK OF ADDITIONAL UNEMPLOYMENT BENEFITS

Highlights

Trump’s move is part of several other measures directed to address the economic damage caused by the Covid-19
It represents a midpoint between the two positions

In the US, a huge number of workers are displaced by th...