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unemployment benefits

US weekly jobless claims increase less than expected

US weekly jobless claims increase less than expected

  • Initial claims for state unemployment benefits totaled a seasonally adjusted 745,000 for the week ended Feb. 27, compared to 736,000 in the prior week.
  • Stormy weather in the South left large parts of Texas without power or water for days. The deep freeze shut oil production and refineries in Texas, the biggest producer of natural gas and oil in the United States.
Updated 04 Mar, 2021 09:53pm
US weekly jobless claims unexpectedly rise
World

US weekly jobless claims unexpectedly rise

  • Initial claims for state unemployment benefits totaled a seasonally adjusted 861,000 for the week ended Feb. 13, compared to 848,000 in the prior week.
  • Ford Motor has reduced shifts at its Dearborn truck plant and Kansas City assembly plant.
Published 18 Feb, 2021 08:24pm
US weekly jobless claims increase more than expected
World

US weekly jobless claims increase more than expected

  • $300 unemployment supplement until March 14 as part of nearly $900 billion in additional relief approved at the end of December.
  • The central bank also noted that the resurgence in the coronavirus was causing staff shortages in the manufacturing.
Published 14 Jan, 2021 06:55pm