Jobless Claims News

Markets

Wall Street edges lower as jobless claims unexpectedly rise

Weekly jobless claims hit two-month high, hinder a rally in economy-linked cyclical stocksBiogen up on raising full-year revenue forecast, while Southwest Airlines leads declines among carriers

2 min read22 Jul 2021
News

US initial jobless claims rise for first time in five weeks

The number of Americans claiming extended assistance continued to rise as many unemployed exhausted regular state benefitsThe increase in initial jobless claims was driven by a surge in Louisiana, where filings more than quadrupled from the prior week to 42,724

1 min read19 Nov 2020
News

US job growth slows in October; part-time workers increase

The Labor Department's employment report also showed 3.6 million people were out of work for more than six monthsThe number of people working part time for economic reasons increased by 383,000 to 6.7 million

3 min read6 Nov 2020
News

US gains 4.8 mn jobs in June, unemployment falls to 11.1%

The unemployment rate fell for a second month, by 2.2 percentage points to 11.1%, still far above the pre-pandemic half-century low of 3.5%US stock futures extended gains following the data

2 min read2 Jul 2020
News

Covid-19 impact: US weekly jobless claims hit 3.84 mn to push total to 30 mn

At face value, the ballooning joblessness rolls imply a jump in the unemployment rate to above 15% in AprilThis includes those quarantined with the expectation of returning to work, as well as people leaving employment due to a risk of exposure or infection or to care for a family member

1 min read30 Apr 2020
News

US weekly jobless claims fall to near 49-year low

US weekly jobless claims drop 10,000 to 203,000, private payrolls increase 163,000 in August

3 min read6 Sep 2018
Market

Rupee closes up 0.13% against US dollar

The rupee closed at 66.78 against the US dollar, a level last seen on 19 October, up 0.13% from its previous close of 66.87

1 min read28 Oct 2016
Politics

US jobless claims at 42-year low as employers shun firings

US jobless claims were 246,000 in the period ended 8 October, unchanged from the previous week's level

2 min read13 Oct 2016
News

Claims for jobless aid reach highest level since early 2015

The US labour department reported on Thursday that applications for jobless aid rose by 20,000 to a seasonally adjusted 294,000

1 min read12 May 2016
News

US jobless claims rise, trend points to firming labour market

Initial claims for state unemployment benefits increased 6,000 to a seasonally adjusted 278,000 for the week ended 27 February

1 min read3 Mar 2016
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