Content Tagged As new_claims

4 years 3 days ago

Worst unemployment report of the year released

New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows. The Labor Department said Thursday that initial claims for jobless benefits rose by 12,000 last week to 500,000, the...

4 years 2 months ago

Jobless claims drop to 460,000 last week

The number of newly laid off workers filings claims for unemployment benefits dropped last week but the level still remained higher than expected, indicating only modest improvements in the job market. Applications for unemployment befits fell by 14,000 to 460,000 last week. Economists had expected the level would fall...

4 years 7 months ago

New jobless claims rise more than expected: 440,000

The number of newly laid-off workers requesting unemployment benefits rose last week as jobs remain scarce amid a sluggish economic recovery. The Labor Department says new claims for unemployment insurance rose by 11,000 to a seasonally adjusted 444,000. Wall Street economists polled by Thomson Reuters expected an increase of only...

4 years 9 months ago

Unemployment rate hits 10.2 percent

The unemployment rate has surpassed 10 percent for the first time since 1983 - and is likely to go higher. Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended. The Labor Department says the economy shed a net total of...

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