Tag Archives: Jobless

The challenging U.S. labor market is entering a new normal, according to Goldman Sachs economists David Mericle and Pierfrancesco Mei, who tackled the phenomenon of “jobless growth” in an Oct. 13 note. It resonates with what Federal Reserve Chair Jerome Powell memorably described in September as a “low-hire, low-fire” labor market, in which, for some reason, “kids coming out of …

US weekly jobless claims fall, but labor market softening  Reuters Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness  CNBC Fewer Americans file for jobless benefits last week despite signs of a slowing labor market  ABC News – Breaking News, Latest News and Videos Weekly U.S. jobless claims drop; second-quarter GDP revised upwards  Investing.com Jobless claims fall to lowest …

Jobless claims fall to lowest level since mid-July, easing concern over labor market  MarketWatch Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness  CNBC Fewer Americans file for jobless benefits last week despite signs of a slowing labor market  ABC News – Breaking News, Latest News and Videos US Initial Jobless Claims Drop to the Lowest Level Since …

Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger. First-time filings for the week ending Sept. 20 totaled a seasonally adjusted 218,000, down 14,000 from the prior week’s upwardly revised figure and significantly less than the Dow Jones consensus estimate for …

Stock Market Today: Dow Futures Waver Ahead of Fed Speakers, Jobless Claims — Live Updates  The Wall Street JournalView Full Coverage on Google News Source link

Tech leaders have been quick to squash claims that their AI firms could one day cause significant unemployment. But Goodwill’s CEO Steve Preston says it’s already happening. The charity, which has over 650 job centers, saw over 2 million people use its employment services last year—and it’s getting ready for even more. “We are preparing for a flux of unemployed …

Tech leaders have been quick to squash claims that their AI firms could one day cause significant unemployment. But Goodwill’s CEO Steve Preston says it’s already happening.  The charity, which has over 650 job centers, saw over 2 million people use its employment services last year—and it’s getting ready for even more. “We are preparing for a flux of unemployed …

US weekly jobless claims reverse prior surge, labor market still softening  Reuters Fraudulent Texas unemployment filings caused spike in national data  Axios U.S. jobless aid applications fall after surging to nearly 4-year high  PBS False alarm: Surge in jobless claims unwinds after recent spike. Layoffs still low.  MarketWatch US Initial Jobless Claims Drop by Most in Almost Four Years  Bloomberg.com Source link

The number of Americans applying for jobless aid last week retreated significantly after surging to a nearly four-year high a week earlier. U.S. filings for unemployment benefits for the week ending Sept. 13 fell by 33,000 to 231,000, the Labor Department reported Thursday. That’s less than the 241,000 analysts surveyed by the data firm FactSet had forecast. The previous week, …

US Initial Jobless Claims Drop by Most in Almost Four Years  Bloomberg.com US jobless aid applications retreat to 231,000 after surging to nearly 4-year high a week earlier  The Hill Fraudulent Texas unemployment filings caused spike in national data  Axios False alarm: Surge in jobless claims unwinds after recent spike. Layoffs still low.  MarketWatch U.S. Jobless Claims Fell Last Week  The Wall Street Journal Source …