unemployment claims

Initial Jobless Claims Drop To 5-Year Low

The number of Americans filing new claims for unemployment benefits dipped sharply to a five-year low last week, a hopeful sign for the labor market. Initial claims for state unemployment benefits fell 37,000 to a seasonally adjusted 335,000 -- the largest weekly drop since February 2010.

Initial Jobless Claims Fall by 25,000 as Sandy's Effect Wanes

The number of Americans filing new claims for unemployment benefits fell for a third straight week last week, but still remain too volatile to offer a clear signal on labor market conditions. Initial jobless claims dropped 25,000 to a seasonally adjusted 370,000.

Initial Jobless Claims Fall Again as Hurricane Sandy's Impact Fades

The number of Americans filing new claims for unemployment benefits dropped for a second straight week last week, unwinding some of the surge related to Hurricane Sandy, which has muddled the labor market picture. Initial claims dropped 23,000 to a seasonally adjusted 393,000.

Weekly Jobless Claims Fell to 355,000

Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 355,000, the Labor Department said on Thursday. The report is a sign the labor market's slow recovery is gaining traction, although Hurricane Sandy's impact on the Northeast may have distorted the data.

U.S. Weekly Jobless Claims Dropped Again

The number of Americans filing new claims for unemployment benefits fell last week, a sign the labor market's slow recovery was gaining traction. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 363,000, below the median forecast in a Reuters poll of 370,000.

Jobless Claims Rose Last Week -- But Less Than Expected

Initial claims for state unemployment benefits climbed 4,000 to a seasonally adjusted 367,000, the Labor Department said. The prior week's figure was revised up to show 4,000 more applications than previously reported.

Initial Jobless Claims Hit a 5-Week High

The number of Americans seeking unemployment benefits rose last week to a five-week high, evidence that the job market remains sluggish. The Labor Department said weekly applications for unemployment aid rose 10,000 to a seasonally adjusted 383,000.

Unemployment Claims at 352,000, Fewest Since 2008

The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening. Applications fell 50,000, the biggest drop in the seasonally adjusted figure in more than six years, the Labor Department said Thursday.

Job Market Brightens as Unemployment Claims Sink

Far fewer people are seeking unemployment benefits than just three months ago %u2014 a sign that layoffs are falling sharply. The number of people applying for benefits fell last week to 366,000, the fewest since May 2008. If the number stayed that low consistently, it would likely signal that hiring is strong enough to lower unemployment.

New Jobless Claims Drop, Approach Key Level

There was excellent news on the labor front this week as the government reported that initial jobless claims plunged 34,000 to 407,000. Jobless claims are now nearing a key threshold that would suggest commercial activity is increasing at a pace that would prompt more companies to resume hiring.

A Hopeful Outlook for Retailers' Holiday Hiring

Two consecutive months of sales gains among the nation's retailers may provide just enough confidence to trigger increased seasonal hiring this year, says research firm Challenger, Gray & Christmas. Even so, prerecession hiring levels aren't likely.

Recession Swells the Ranks of Breadwinner Wives

For married couples of opposite genders, the downturn's inordinate impact on men has resulted in an increasing number of wives becoming the primary breadwinner or returning to the labor market. Surprisingly, many men don't mind at all.

What Will the Fed Do With So-So Results?

The recent stream of modestly positive economic reports means the Fed probably won't take any further action to stimulate the economy at its meeting on Tuesday. But nobody is calling the economy healthy yet, and the debate over what the Fed should do next has the FOMC deeply divided.

More Signs of an Improving Job Market

A fresh batch of data show that the job market may finally have turned the corner despite last month's uptick in the national unemployment rate to 9.6%. Among them: Fewer initial claims for unemployment and a smallest monthly layoff total since June 2000.

U.S. Initial Jobless Claims Drop Slightly to 454,000

Initial jobless claims fell 21,000 to 454,000 in the week ended July 3, suggesting that recovery in the labor market remains sluggish. The revised figure for the previous week was 475,000. The four-week average of initial claims, a clearer measure of employment trends, dropped 1,250 to 466,000, the Department of Labor said on its website.

Obama Has Plenty of Work to Do on Jobs

With his health care insurance overhaul sidelined for the time being, President Obama has turned his focus to lowering the nation's stubbornly high unemployment rate. For millions of jobless Americans, that shift comes none to soon.

The Great Recession Is Hitting Men Harder

Numbers show that men have borne the brunt of layoffs, in turn boosting the percentage of women in the workforce. Having made steady gains in employment since the 1970s, women now stand to overtake men as the majority of the labor pool.

Health Coverage for Jobless Extended

Congress gave recently laid-off workers a holiday gift of sorts by extending a subsidy to help them pay health-insurance premiums. The provision extends the 65% subsidy for six months, for a total of 15 months, and expands eligibility for the program for two more months -- through February 2010.