Initial Jobless Claims Hit 219k Last Week

According to Thursday's report from the Labor Department, the number of first claims for unemployment benefits jumped by 29,000 to 219,000.

That's down from the corrected figure of 191,000 the week before. Meanwhile, the 4-week moving average was up 250 from the previous period,...

US UNEMPLOYMENT CLAIMS SLUMP TO 364,000

Highlights

• According to a report by the US Labor Department released on Thursday, jobless claims fell by 51,000 to 364,000

• The United States stands only next to India in terms of administering doses of COVID-19 vaccine

Showing that the US economy is imp...

US ECONOMY CONTINUES TO IMPROVE, UNEMPLOYMENT CLAIMS SLUMP TO 376,000

Highlights

• The worst affected economy in the globe courtesy of the COVID-19 saw jobless claims going down to 376,000 which is 9,000 lesser than last week’s 385,000

• A Labor Department report released on Tuesday said the job openings had hit a record 9.3 mill...

US UNEMPLOYMENT CLAIMS FALL BY 20,000 TO 385,000

Highlights

• According to the Labor Department, the number of jobless claims went to 385,000, falling by 20,000 as compared to the week before

• Nearly 1.8 million jobs were added by the employers in the US this year, which is an average of over 450,000 a month

S. KOREA’S EMPLOYED PEOPLE REACHED 27.2 MILLION IN APRIL 2021

Highlights –

• S. Korea’s employed people reached 27.2 million in April 2021.
• The number of unemployed people came to 1.15 million in April.
• The jobless rate fell 0.2% point on-year to 4%.
• The number of temporary worker...

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...

U.S. JOBLESS CLAIMS JUMP TO A THREE-MONTH HIGH

Highlights

• The number of US citizens filing for first-time claims for jobless benefits went up to a near three-month high in the last week

• The number of claims for state unemployment benefits went up by 137,000 to seasonally adjusted 853,000 for the last week, wh...

COVID IMPACT: U.S. JOBLESS CLAIMS JUMP FOR SECOND CONSECUTIVE WEEK

Highlights

• According to the Labor Department’s report, the number of jobless claims surged from 748,000 the week before to 778,000

• Several economists and market analysts have stated that as COVID-19 cases are going upwards at an increased pace, the restrict...

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...

860,000 JOBLESS CLAIMS IN LAST WEEK: THE U.S. DEPARTMENT OF LABOR

Highlights

• Last week’s jobless claims remained below the psychological 1 million mark and this is an encouraging sign

• The federal reserve on Wednesday decided to keep monetary policy loose for the immediate future and also make no changes to the interest ra...

THE U.S. JOBLESS CLAIMS TOTALED OVER 1 MILLION

Highlights

• It happened for the 22nd time in 23 weeks 
• In the previous week, it was 1.104 million

The Labor Department said on Thursday stated that the economy struggles to recover from the COVID – 19 pandemic. It is reflec...

THE US JOBLESS CLAIMS CROSS 1 MILLION

Highlights

• For the week ending on August 15, it came in at 1.106 million
• A total of 923,000 was expected by the economists polled by Dow Jones

The concerns have been raised about the state of the economy. For the week that ended on A...

LESS THAN 1 MILLION JOBLESS CLAIMS IN THE US

Highlights:

• There were less than 1 million jobless claims in the US during past couple of weeks.
• The pre-pandemic data for weekly jobless claims was almost 700,000.
• The jobless claims suggestively dropped after fluctuating between 1.3 to 1....

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 ...

UNEMPLOYMENT IN WATER-LOGGED KOREA HIGHEST SINCE 2000; YOUTH WORST HIT

• South Korea was on the receiving side  this time as it lost about 277,000 jobs in July.
• With a stinging  decline in the number of employed for a fifth consecutive month, the new coronavirus pandemic had businesses running for cover with lack of business activity ...

NEW CLAIMS FILED BY AMERICANS FOR UNEMPLOYMENT BENEFITS OBSERVE A RISE

Highlights

• Last week, initial weekly jobless claims came in at 1.434 million
• It was roughly in line with expectations

The Labor Department reported on Thursday that last week the number of Americans who filed new claims for unemploym...

US : EXTRA UNEMPLOYMENT BENEFIT IS MAKING IT DIFFICULT TO CALL BACK WORKFORCE

Highlights:

• The extra $600 plus other stimulus paycheck is earning people more than what they made while working

• Businesses are finding it difficult to call back people to work

In May 2020 there was a debate on whethe...

GET READY FOR ANOTHER GREAT DEPRESSION AS U.S. JOBLESS RATE GOES UP TO 14.7%

Highlights

• Nearly 20.5 million people lost their jobs in the month of April

• Over 33 million Americans have filed for first-time unemployment benefits in last seven weeks

• The U.S. government has announced COVID-19 relief package worth $3.1 trillio...

U.S STOCKS FELL AS AMERICANS APPLY FOR JOBLESS CLAIMS

Highlights

• The Dow Jones Industrial Average dropped by 259.15 points, or 1.05%, at 24,374.71.

• Facebook Inc. stocks increased at 5% after the social media giant posted unexpectedly better quarterly revenue.

O...

UMEMPOYMENT RATE AT 26 MILLION IN US: HOSPITALITY SECTOR SHEDS MOST

Highlights:

• The US is experiencing the most crucial times in terms of unemployment currently
• The pandemic has rendered 26 million jobless
• Trump has signed an executive order to pause immigration visas for 60 days

The US unemployment ratio ...