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Economic Report: Jobless claims hit nearly 4-month high on more coronavirus-induced layoffs

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......»»

Category: topSource: marketwatchDec 17th, 2020

Second layoffs, backlogs wave keeps U.S. jobless claims elevated

The novel coronavirus crisis continues to .....»»

Category: topSource: reutersMay 14th, 2020

US weekly jobless benefits to stay elevated as coronavirus layoffs widen

Another 2.5M claims are expected to have been filed in the past week.....»»

Category: topSource: foxnewsMay 14th, 2020

Layoffs are easing but remain at historic levels

Economists estimate another 2.5 million initial jobless claims were filed last week. The claims are a reliable measure of layoffs......»»

Category: topSource: moneycentralMay 13th, 2020

Layoffs are easing but remain at historic levels as millions likely filed for unemployment last week

Economists estimate another 2.5 million initial jobless claims were filed last week. The cla.....»»

Category: topSource: usatodayMay 13th, 2020

Millions more Americans file for jobless benefits; productivity tanks

Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen......»»

Category: topSource: reutersMay 7th, 2020

NewsWatch: Jobless claims jump 3.2 million in early May, but historic rate of layoffs is slowing

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......»»

Category: topSource: marketwatchMay 7th, 2020

Economic Report: Jobless claims jump 3.2 million in early May, but historic rate of layoffs is slowing

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......»»

Category: topSource: marketwatchMay 7th, 2020

Millions of Americans continue to seek jobless benefits; consumer spending slumps

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the novel coronavirus......»»

Category: topSource: reutersApr 30th, 2020

Weekly jobless claims top 30 million over past 6 weeks

First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past. Economists surveyed by Dow Jones had .....»»

Category: topSource: moneycentralApr 30th, 2020

Weekly jobless claims top 30 million over past 6 weeks

First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past. Economists surveyed by Dow Jones had .....»»

Category: topSource: moneycentralApr 30th, 2020

Millions of Americans continue to seek jobless benefits; consumer spending tanks

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the coronavirus......»»

Category: topSource: reutersApr 30th, 2020

US weekly jobless claims hit 6.6 million, extending a record streak as coronavirus layoffs continue

Associated Press The Labor Department reported Thursday that 6.6 million Americans filed for unemployment insurance in the week that ended April 4. That brings the three-week total to roughly 16.8 million unempl.....»»

Category: topSource: businessinsiderApr 9th, 2020

Dow climbs 200 points as US unemployment filings hit 6.6 million, doubling previous record

Reuters US stocks gained on Thursday after jobless claims soared to 6.6 million, marking a second straight weekly record as the coronavirus outbreak spurs layoffs. The spike in claims was roughly double the record set last week and trounced economists' e.....»»

Category: topSource: businessinsiderApr 2nd, 2020

Dow slips as US unemployment filings hit 6.6 million, doubling previous record

Reuters US stocks slid Thursday after jobless claims soared to 6.6 million, marking a second straight weekly record as coronavirus spurs layoffs. The spike in claims is roughly double the previous record seen last week and trounces econo.....»»

Category: topSource: businessinsiderApr 2nd, 2020

Dow climbs as US unemployment filings hit 6.6 million, doubling previous record

Reuters US stocks rose Thursday after jobless claims soared to 6.6 million, marking a second straight weekly record as coronavirus spurs layoffs. The spike i.....»»

Category: topSource: businessinsiderApr 2nd, 2020

US jobless claims skyrocket to 6.6 million, doubling last week"s record, as coronavirus layoffs persist

Shannon Stapleton/Reuters US weekly jobless claims spiked to a second consecutive weekly record as coronaviru.....»»

Category: topSource: businessinsiderApr 2nd, 2020

US weekly jobless claims seen at record high - again

Claims are expected blow past the previous week's record 3.3 million.....»»

Category: topSource: foxnewsApr 2nd, 2020

U.S. weekly jobless claims seen at record high: again

The number.....»»

Category: topSource: reutersApr 2nd, 2020

US jobs picture darkens as large employers lay off staff

Large companies have put hundreds of thousands of staff on unpaid leave this week, bowing to the reality of a prolonged shutdown and setting the scene for another historic high in jobless claims when official weekly figures come out on Thursday......»»

Category: topSource: bizjournalsApr 1st, 2020