US EditionUS filings for jobless benefits remained in historically healthy range during government shutdown
Weekly jobless claims fell by 8,000 to 220,000, staying within a healthy range despite data delays from a 43-day federal shutdown, Labor Department said.
- The U.S. Labor Department reported weekly claims fell by 8,000 to 220,000 for the week ending Oct. 15, the first data since before the Oct. 1 shutdown.
- The shutdown forced a seven-week delay in the monthly jobs report, as furloughed federal workers couldn't collect routine data during the 43-day federal government shutdown.
- Thursday's data also showed the four-week average of claims fell by 3,000 to 224,250, and the unemployment rate rose to 4.4% as 50,000 people entered the labor market, with employers adding 119,000 jobs in September.
- The reports arrive amid considerable uncertainty about the economy, and Federal Reserve policymakers are divided over a rate cut at the December Fed meeting, making data influential for investors and markets.
- Earlier weeks showed anomalies, notably 1.97 million claims for Nov. 8, with Labor Department revisions shaving 33,000 jobs during July/August, highlighting labor market volatility.
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US filings for jobless benefits remained in historically healthy range during government shutdown
New U.S. jobless claim applications fell last week, remaining within the healthy range of recent years, according to the government’s first weekly layoffs data since before the government shut down on Oct. 1. The number of Americans filing for unemployment…
US filings for jobless benefits remained in historically healthy range during government shutdown
By MATT OTT, Associated Press Business Writer New U.S. jobless claim applications fell last week, remaining within the healthy range of recent years, according to the government’s first weekly layoffs data since before the government shut down on Oct. 1. Related Articles Verizon is cutting more than 13,000 jobs as it works to ‘reorient’ entire company U.S. employers added surprisingly solid 119,000 jobs in Septembe…
US filings for jobless benefits remained in historically healthy range during government shutdown
By MATT OTT, Associated Press Business Writer New U.S. jobless claim applications fell last week, remaining within the healthy range of recent years, according to the government’s first weekly layoffs data since before the government shut down on Oct. 1. Related Articles Verizon is cutting more than 13,000 jobs as it works to ‘reorient’ entire company U.S. employers added surprisingly solid 119,000 jobs in Septembe…
US filings for jobless benefits remained in historically healthy range during government shutdown
By MATT OTT, Associated Press Business Writer New U.S. jobless claim applications fell last week, remaining within the healthy range of recent years, according to the government’s first weekly layoffs data since before the government shut down on Oct. 1. Related Articles Border Patrol is monitoring US drivers and detaining those with ‘suspicious’ travel patterns Starbucks union says 30 more US stores are joining we…
US filings for jobless benefits remained in historically healthy range during government shutdown
By MATT OTT, Associated Press Business Writer New U.S. jobless claim applications fell last week, remaining within the healthy range of recent years, according to the government’s first weekly layoffs data since before the government shut down on Oct. 1. Related Articles Verizon is cutting more than 13,000 jobs as it works to ‘reorient’ entire company U.S. employers added surprisingly solid 119,000 jobs in Septembe…
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