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...

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...

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...

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...