Tag: Unemployment Claims

Unemployment Filings Drop in Fresh Sign of Tight Labor Market and Persistent Inflation Pressures

Unemployment filings in the United States dropped last week, as fewer Americans filed for unemployment benefits while the labor market remains tight and inflation pressures continue to persist. Applications for jobless claims for the week ended Jan. 21 fell to 186,000 from 192,000 the previous week, the Department of Labor reported on Jan. 26. This was…


More Americans on Unemployment as Weekly Jobless Claims Jump to Highest in Months

More Americans hit unemployment lines last week than markets expected, with a government report showing first-time jobless claims filings rising to their highest level since August, which comes amid broader economic uncertainty. First-time filings for unemployment insurance jumped to 240,000 for the week ended on Nov. 19, the Department of Labor said in a report…


By Fraud, $45.6 Billion in US Pandemic Unemployment Insurance Was Stolen, Says Labor Dept. IG

Criminals have fraudulently stolen $45.6 billion in unemployment benefits from U.S. government programs meant to assist Americans who lost their jobs during the pandemic. The federal government started an unemployment aid program in March 2020 during the early days of the pandemic. The hundreds of billions in pandemic aid immediately attracted criminals, who exploited the…


Continuing Unemployment Claims Rise to Highest in Five Months, as Initial Claims Fall

Americans filing continued unemployment claims rose to their highest level in five months, while initial jobless claims fell to their lowest level since June, according to the Labor Department on Sept, 1. Continuing claims, which run a week behind jobless claims data, rose to 1.44 million on Aug. 20, up 26,000 from the previous week, to levels…


US Jobless Claims Jump To Their Highest Level In 9 Months

Initial jobless claims in the United States rose for a second week to the highest level since Nov. 26, 2021, indicating a contraction in the labor market, according to the U.S. Labor Department on Aug. 11. Applications for unemployment claims climbed by 14,000 to 262,000 from 248,000 in the week ended Aug. 6, after being…


Americans Are Collecting Unemployment Aid at Their Lowest Rate Since 1970

The number of Americans collecting unemployment benefits declined to a 52-year low for the week ending Feb. 19, after another decline in jobless applications, according to a report (pdf) by the U.S. Labor Department on Feb. 24. Jobless claims last week fell by 17,000, from 249,000 to 232,000, but remain above the pandemic low of 188,000 reported…


US Unemployment Claims Fall to 779,000 but Job Cuts Grind On

WASHINGTON—The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows that a sizable number of people keep losing jobs to the viral pandemic. Last week’s total dropped from 812,000 the previous week, the Labor Department said Thursday, and is the lowest in two months. Still, before the virus erupted…


US Unemployment Claims Fall to 779,000 But Job Cuts Still Sizable

WASHINGTON—The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows that a sizable number of people keep losing jobs to the viral pandemic. Last week’s total dropped from 812,000 the previous week, the Labor Department said Feb. 4, and is the lowest in two months. Still, before the virus…