Weekly jobless claims fall to 2-month low
- Jobless claims averaged a historically low 213,000 a week during the first four months of 2024.
- Claims began rising in May, hitting 250,000 in late July.
- This rise in claims indicates high interest rates are cooling the U.S. job market.
35 Articles
35 Articles
Applications for US jobless benefits fall to 2-month low as layoffs remain at healthy levels - WXXV News 25
By MATT OTT Updated 8:12 AM CDT, September 5, 2024 The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling. Jobless claims fell by 5,000 to 227,000 for the week of Aug. 31, the Labor Department reported Thursday. That’s the fewest since the week of July 6, when 223,000 Americans filed claims. It’s also …
First-Time Unemployment Benefit Claims Drop to 227,000
On September 5, recent data revealed a decline in the number of individuals filing for unemployment benefits for the first time, with a reduction of 5,000 claims. This marks the lowest figure in two months, highlighting a potential recovery from the year’s peak in filings. Jobseekers line up at the future site of Amazon’s headquarters in Crystal City, Virginia, during a career day on September 17, 2019. The Labor Department reported 227,000 init…
Applications for US jobless benefits fall modestly last week as layoffs remain relatively low - The Morning Sun
The number of Americans filing for unemployment benefits fell last week as layoffs remain relatively low despite other signs of labor market cooling. Jobless claims fell by 5,000 to 227,000 for the week of Aug. 31, the Labor Department reported Thursday. That’s less than the 230,000 new filings analysts were expecting. The four-week average of claims, which evens out some of the week-to-week volatility, fell by 1,750 to 230,000. Weekly filings …
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