Tag Archives: Jobless

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 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 U.S. Jobless Claims Fell Last Week  The Wall Street Journal Source …

WASHINGTON (AP) — In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest level in almost four years last week, virtually assuring the Federal Reserve will cut its benchmark interest rate next week. The number of Americans filing for unemployment benefits for the week ending Sept. 6 rose by 27,000 to 263,000, the Labor …

New federal labor data shows U.S. workers filed 263,000 claims for unemployment benefits last week, the highest level since October 2021 and another sign the job market is cooling.  The Department of Labor reported Thursday that claims for the week ending Sept. 6 were up 27,000 from the previous week’s revised level, a major jump that signals layoffs are on the …

Stagflation concerns rise with increased inflation and jobless claims  The Washington Post Dow jumps 600 points to record as August inflation increase likely won’t derail Fed rate cut: Live updates  CNBC Inflation Ticks Up, But the Labor Market Matters More Now  Bloomberg.com CPI Shows Pace of US Inflation Likely to Keep Fed Cautious on Rate Cuts  The New York Times US consumer inflation accelerates; …

US consumer inflation accelerates; weekly jobless claims approach four-year high  Reuters CPI Shows Pace of US Inflation Likely to Keep Fed Cautious on Rate Cuts  The New York Times Inflation climbs in August as grocery and gas prices jump  NPR Double whammy for Americans: Inflation continues to rise as jobs outlook grows weaker  CNN Inflation jumps as Trump, Powell confront weakening labor market  Politico Source …

The 10-year U.S. Treasury yield fell to 4% Thursday as investors assessed the latest inflation data, as well as a jump in jobless claims, that complicate the interest rate outlook. The yield on the benchmark 10-year Treasury was last down less than 2 basis points at 4.013%. It had fallen by more than 3 basis points at 4.00% earlier in …

WASHINGTON — In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest level in almost four years last week, virtually assuring the Federal Reserve will cut its benchmark interest rate next week. The number of Americans filing for unemployment benefits for the week ending Sept. 6 rose by 27,000 to 263,000, the Labor Department …

US consumer inflation heats up; weekly jobless claims near four-year high  Reuters Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump  CNBC CPI Report Today: Dow Opens Higher; Inflation Accelerates to 2.9%; Jobless Claims Rise — Live Updates  The Wall Street Journal Double whammy for Americans: Inflation continues to rise as jobs outlook grows weaker  CNN US inflation …

US Initial Jobless Claims Jump to Highest in Almost Four Years  Bloomberg.comView Full Coverage on Google News Source link

WASHINGTON (AP) — The number of Americans seeking jobless benefits rose modestly last week, suggesting that employers are still retaining workers even as the economy has showed signs of slowing. Applications for unemployment benefits for the week ending Aug. 30 rose by 8,000 to 237,000, the Labor Department reported Thursday. That’s more than the 231,000 new applications economists were expecting. …