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Labor Gains: Continuing Jobless Claims Drop
In the week ended November 23, the Department of Labor reported that jobless claims — a proxy for layoffs — fell by 10,000 to 316,000 from the previous week’s revised average of 339,250. In fact, that...
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2013 Ends With Falling Jobless Claims and Benefits Expiration
On December 28, 1.3 million people lost their extended unemployment insurance because Congress decided not to renew the emergency aid program. Had a full-year extension of long-term jobless benefits...
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Economist: Labor Market Will Gain Momentum This Year
Initial applications for unemployment benefits seem to have been slightly volatile since the beginning of the year. In each of the past seven weeks, jobless claims have reversed course with...
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As Yellen Said: Jobs Recovery Is Far From Complete
Ticking up 14,000 to 348,000, initial applications for unemployment benefits rose to a one-month high in the week ended February 22, according to data released by the Department of Labor’s Bureau of...
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Fed Eyes Maximum Employed and Jobless Claims Jump
Source: Thinkstock Americans filed more initial applications for unemployment benefits last week, but still claims data remains “extremely encouraging,” High Frequency Economics chief U.S. economist...
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Labor Market Steps Forward: Wages Grow and Jobless Claims Drop
Source: Bytemarks / Flickr Initial applications for unemployment benefits are trending near pre-recession lows. In the week ended April 5, Department of Labor data show jobless claims fell close to a...
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