Market Snapshot: Dow falls 300 points, as stock market losses deepen after highest jobless claims in a month
U.S. stock indexes trade lower Thursday morning as investors react to disappointing results from big-box retailer Walmart Inc., and parse a weaker-than-expected update on the state of the U.S. labor market amid the COVID pandemic......»»
Market Snapshot: Dow skids over 200 points at the open as jobless claims hit highest in a month
U.S. stock indexes trade solidly lower Thursday morning as investors react to disappointing results from big-box retailer Walmart Inc., and parse a weaker-than-expected update on the state of the U.S. labor market amid the COVID pandemic......»»
Market Snapshot: Dow futures retreat ahead of weekly jobless claims report
Futures contracts on U.S. stock-market indexes head modestly lower Thursday morning as investors watch for the latest weekly update on the state of the U.S. labor market amid the COVID pandemic......»»
US jobless claims decline to a still-high 900,000 as Biden inherits faltering economy
The government said that 5.1 million Americans are continuing to receive state jobless benefits, down from 5.2 million in the previous week. That signals that few.....»»
Economic Report: Jobless claims dip below 800,000, but layoffs still high after coronavirus spike
New applications for state unemployment benefits fell slightly around Christmas and dipped below 800,000 for the first time in a month, but the record coronavirus outbreak is still weighing heavily on the labor market and throwing more people out of work......»»
How an error in US jobless claims inflated one state"s numbers by nearly 270,000 — an accidental tenfold increase
Brian Snyder/Reuters Thursday's weekly US jobless claims report stated that Connecticut had 298,680 claims for the week ending May 9, a whopping 726% increase in just seven days. .....»»
Connecticut Fat Finger: In Absurd Comma Separator Error, State Reported 298,680 Jobless Claims, Really Meant 29,846
Connecticut Fat Finger: In Absurd Comma Separator Error, State Reported 298,680 Jobless Claims, Really Meant 29,846 Tyler Durden Thu, 05/14/2020 - 15:43 Just when we thought we'd seen it all, here comes .....»»
North Carolina doles out $600 million in jobless benefits, but many claims still unpaid
North Carolina saw another 56,000 new unemployment claims filed last week as the number of jobless continues to pile up around the country. As the unemployment number continues to rise, the state is doling out a massive amount in unemployment be.....»»
Nearly 3 million file weekly jobless claims, above estimates
Almost 3 million workers in the U.S. filed for state unemployment benefits last week. That marked the sixth straight weekly decline, But as Fred Katayama reports, claims remain astoundingly high......»»
Jobless claims dip slightly in state, city
The number of new in New York declined slightly last week, but the number of people receiving benefits now tops 1.76 million. About 195,000 people filed for benefits in the week ended May 2, down... To view the full story, click the title link......»»
This state has the most jobless claims in the country
Jobless claims data showed Florida surpassed California in initial claims, the first time since March that the Golden State didn't lead......»»
This state has the most jobless claims in the country
Jobless claims data showed Florida surpassed California in initial claims, the first time since March that the Golden State didn't lead......»»
Six-week surge of New York jobless claims tops 1.6 million
The surge of unemployment insurance claims continued in New York last week — almost 219,000 people filed an initial claim in the state, the U.S. Department of Labor reported Thursday morning. That total is up about 6% from the previous week, an.....»»
Millions of Americans likely applied for jobless benefits last week though wave is stabilizing
Initial claims for state unemployment benefits likely totaled a seasonally adjusted 3.50 million.....»»
State unemployment claims near 1.5 million
The number of claims in fell last week, but the total of people on jobless benefits now exceeds . The federal Bureau of Labor Statistics reported Thursday that 205,000 people filed for unemployment... To view the full story, click the title link......»»
Florida"s overwhelmed jobless system taken down for weekend
Florida's overwhelmed online unemployment-compensation system has been taken down for the weekend as the state scrambles to process applications and reduce a massive backlog of claims caused by the coronavirus pandemic. Users of the Department of Econo.....»»
Futures retreat ahead of jobless claims, business activity data
U.S. stock index futures headed lower on Thursday as investors braced for another staggering jobless claims report and a plunge in business activity data as state-wide lockdown measures hammer economic growth......»»
State volunteers to process jobless claims at Hawaii Convention Center
Hawaii state officials are recruiting volunteers from three public labor unions, as well as staff and members of the Legislature, to staff 1,000 positions at a satellite unemployment insurance processing site at the Hawaii Convention Center being .....»»
Jobless claims hit 1.2 million statewide, 521,000 in NYC
The number of New Yorkers who have filed for unemployment insurance is now more than a million as a series of new economic reports add to the picture of an economy falling off a cliff. The state... To view the full story, click the title link......»»