Category Archives: Unemployment

U.S. job openings slump to lowest level since January 2021

September 04, 2024 U.S. job openings slump to lowest level since January 2021 In July, job openings fell sharply in healthcare and state and local government and also dropped in warehousing and transportation. BY Associated Press America’s employers posted fewer job openings in July than they had the previous month, a sign that hiring could further … Continue reading U.S. job openings slump to lowest level since January 2021

The number of Americans filing for unemployment is at an 11-month high

August 01, 2024 The number of Americans filing for unemployment is at an 11-month high Unemployment claims have been rising since June, partly due to motor vehicle plant shutdowns and disruptions caused by Hurricane Beryl. BY Reuters The number of Americans filing new applications for unemployment benefits increased to an 11-month high last week, suggesting some … Continue reading The number of Americans filing for unemployment is at an 11-month high

Fewer Americans filed for unemployment benefits last week than expected

July 11, 2024 Fewer Americans filed for unemployment benefits last week than expected Initial claims for state unemployment benefits fell 17,000 to a seasonally adjusted 222,000 for the week ended July 6, the lowest level since late May, the Labor Department said on Thursday. BY Reuters The number of Americans filing new applications for unemployment benefits … Continue reading Fewer Americans filed for unemployment benefits last week than expected

The U.S. economy added 206,000 jobs in June while the unemployment rate rises to 4.1%

July 05, 2024 The U.S. economy added 206,000 jobs in June while the unemployment rate rises to 4.1% Last month’s job growth did mark a pullback from 218,000 in May. BY Associated Press America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the U.S. economy’s ability to withstand … Continue reading The U.S. economy added 206,000 jobs in June while the unemployment rate rises to 4.1%

Unemployment claims are at their highest in 8 months, but the Fed has yet to cut interest rates

May 09, 2024 Unemployment claims are at their highest in 8 months, but the Fed has yet to cut interest rates The Labor Department’s report confirms a cooling job market. BY Reuters The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, further evidence … Continue reading Unemployment claims are at their highest in 8 months, but the Fed has yet to cut interest rates

Jobs report shows falling unemployment rate for Black workers

May 03, 2024 Jobs report shows falling unemployment rate for Black workers Unemployment rates were low in April, and the unemployment gap between white and Black workers is narrowing. BY Pavithra Mohan One of the most notable findings from the jobs report released this morning is that job creation has finally slowed down, with employers adding … Continue reading Jobs report shows falling unemployment rate for Black workers