Economic Report: Jobless claims sink 27,000 to 206,000, erase Thanksgiving surge that now seems a mirage

Initial jobless claims filed traditionally through U.S. states fell by 42,000 to 712,000, in the week ended March 6, the Labor Department said Thursday......»»

New applications for U.S. unemployment benefits rose in mid-February to a four-week high of 861,000, showing lots of Americans are still losing their jobs nearly a year after the onset of the coronavirus pandemic......»»

Nearly 800,000 people applied for unemployment benefits in early February, signaling that scores of workers are still losing their jobs despite the rollout of coronavirus vaccines and a decline in Covid-19 cases......»»

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......»»

New applications for U.S. unemployment benefits fell to a three-week low of 803,000 right before Christmas, but the relatively high level still reflected a fresh wave of layoffs tied to the record outbreak in coronavirus cases......»»

New applications for U.S. unemployment benefits rose in mid-December for the second week in a row and hit a nearly four-month high, pointing to rising layoffs and more damage to the economy from a record increase in coronavirus cases......»»

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U.S. Treasury yields tumbled Thursday as investors saw another sharp rise in U.S. weekly initial jobless claims due to the coronavirus-driven economic downturn......»»

Treasury yields inch lower on early Thursday as investors see another sharp increase in U.S. weekly jobless claims due to the coronavirus-driven economic downturn......»»

Almost 3.2 million people applied for unemployment benefits last week after the coronavirus cost them their jobs, but the historic wave of layoffs tied to the pandemic is receding......»»

The government is set Thursday to release another dire picture of the layoffs that have pummeled America’s workforce, one day before it will issue what is sure to be the worst monthly jobs report since record-keeping began seven.....»»

The United States appears to have lost more than 20 million jobs in April, but even such a shockingly large increase might understate the destruction wrought by the coronavirus on the labor market......»»

Some 3.8 million workers who just lost their jobs applied last week for unemployment benefits, bringing a record number of layoffs during the coronavirus crisis to about 30 million in a month and a half......»»

The continuing economic slowdown in the United States has resulted in another weekly surge of jobless claims, with more than 4 million Americans filing for unemployment last week......»»

The number of weekly jobless claims in the past month has been nothing short of mind-boggling. Thursday’s top economic report was the weekly jobless from the U.S. Department of Labor, and its........»»

The jobless claims report showed that it took only five weeks for the U.S. economy to erase all the job gains in the last 11 years......»»

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......»»

U.S. stock index futures retreated on Thursday as investors braced for another staggering jobless claims report and an expected plunge in business activity data as sweeping lockdown measures hammer economic growth......»»

The record surge in suddenly unemployed Americans likely grew by another 4 million last week to push the total close to 25 million since the coronavirus pandemic shut down large parts of the U.S. economy a month and a half ago......»»

Longer-dated Treasury yields fall Thursday as jobless claims data underline the labor market’s travails in the coronavirus-driven economic slump this year......»»