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US unemployment claims jump to 965,000, highest in months

The high pace of layoffs coincides with an economy that has faltered as consumers have avoided traveling, shopping and eating out in the face of soaring viral caseloads. More than 4,300 deaths were reported Tuesday, .....»»

Category: topSource: chicagotribuneJan 14th, 2021

New unemployment claims jump to 965,000, the highest level since August

The number of new claims has come down gradually since the earliest days of the pandemic, but remains at a extremely high level week in and week out......»»

Category: topSource: washpostJan 14th, 2021

New unemployment claims jump to nearly 1 million, the highest level since August

The number of new claims has come down gradually since the earliest days of the pandemic, but remains at a extremely high level week in and week out......»»

Category: smallbizSource: nytJan 14th, 2021

Regular unemployment claims in Maryland skyrocket, hitting highest level since July

The giant jump in claims comes as several new federal unemployment claims kick off as part of the $900 billion stimulus package passed in December......»»

Category: topSource: bizjournalsJan 14th, 2021

US unemployment claims jump to highest level since 2017

Reuters/Carlos Barria The number of Americans applying for unemployment benefits jumped by the most in two years last week. But the sharp increase li.....»»

Category: topSource: businessinsiderDec 12th, 2019

Economic Report: Jobless claims surge to 6-month high of 234,000

The number of Americans who applied for unemployment benefits in the week of Thanksgiving rose to the highest level in six months. But the recent upturn might stem from holiday-season hiccups or other temporary factors and it could be reversed soon......»»

Category: topSource: marketwatchNov 29th, 2018

Economic Report: Jobless claims hit 6-month high of 234,000 — government fine-tuning for Thanksgiving likely to blame

The number of Americans who applied for unemployment benefits in the week of Thanksgiving rose to the highest level in six months. But the recent upturn might stem from holiday-season hiccups or other temporary factors, and it could be reversed soon......»»

Category: topSource: marketwatchNov 29th, 2018

US unemployment claims fall to a pandemic low of 498,000

The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers .....»»

Category: topSource: chicagotribuneMay 6th, 2021

Despite falling jobless claims, America’s poverty rate just reached the highest level since the pandemic began

‘This disconnect between poverty and unemployment is not surprising.’.....»»

Category: topSource: marketwatchApr 25th, 2021

The 10-year Treasury yield has jumped to its highest in 14 months, cutting further into gains for growth stocks

A jump in the 10-year yield to its highest in 14 months spurred a new round of selling in technology stocks. .....»»

Category: personnelSource: nytMar 17th, 2021

New unemployment claims climb to 861,000

The unemployment claims have fallen sharply from record peaks in the earliest months of the pandemic but remain well above the highs from previous economic crises......»»

Category: topSource: washpostFeb 18th, 2021

Florida sees increase in new unemployment claims at end of January

The increase makes Florida the state with the third-highest claims......»»

Category: topSource: bizjournalsFeb 4th, 2021

US unemployment claims fall to 779,000 but job cuts grind on during pandemic

Last week’s unemployment claims total dropped from 812,000 the previous week, and is the lowest in two months. Still, before the coronavirus, weekly a.....»»

Category: topSource: chicagotribuneFeb 4th, 2021

UK unemployment hits highest level in 5 years, but government support limits pain during new COVID lockdowns

UK unemployment touched its highest level in 5 years in the three months to November. But the government's furlough scheme has kept a lid on the pain. Th.....»»

Category: dealsSource: nytJan 26th, 2021

US weekly jobless claims jump the most since March as America"s labor-market recovery falters

Continuing claims, which track Americans receiving unemployment benefits, climbed to 5.3 million for the week that ended January 2. Marcelo Hernandez/Getty New US jobless claims for the week that ended Saturday totaled 965,0.....»»

Category: topSource: businessinsiderJan 14th, 2021

UK unemployment hits its highest since 2016 just as several parts of the country return to strict lockdown before the holidays

The number of people unemployed in the three months to .....»»

Category: worldSource: nytDec 15th, 2020

Florida unemployment claims among highest in U.S.

Florida's first-time unemployment claims rose a bit last week, putting the state in the top three in the U.S. Total first-time claims in the Sunshine State were at 221,905 for the week ending May 9, up from prior week's revised total of 174,860, accor.....»»

Category: topSource: bizjournalsMay 14th, 2020

Kansas, Missouri unemployment claims continue to climb

Nearly 3 million people filed initial unemployment claims last week, the Labor Department announced Thursday.  The jump brings national eight-week total to more than 36 million people, according to The New York Times. The seasonally adjusted insured.....»»

Category: topSource: bizjournalsMay 14th, 2020

The stock market is trading at its highest valuation in 18 years, shrugging off skyrocketing unemployment claims and economic ruin (SPY)

AP Photo/Richard Drew The stock market is trading at its highest valuation in 18 years, according to data from FactSet. The S&P 500 traded at a forward price-earnings ratio of 20.4 last week, which is above its five-year, 10-year, 15-year, and 20-yea.....»»

Category: topSource: businessinsiderMay 13th, 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