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unemployment benefits

New US jobless claims slow slightly in latest week
World

New US jobless claims slow slightly in latest week

  • Beyond weekly ups and downs, the trend in total filings should remain downward over coming weeks
  • Overall, job growth should pick up and labor shortages should ease as near-term constraints -- virus concerns, child-care issues and enhanced unemployment benefits -- diminish
Published 29 Jul, 2021 06:29pm
US weekly jobless claims fall as expected
World

US weekly jobless claims fall as expected

  • Initial claims for state unemployment benefits fell 26,000 to a seasonally adjusted 360,000 for the week ended July 10, the Labor Department said.
  • Claims have declined from a record 6.149 million in early April 2020.
Published 15 Jul, 2021 05:52pm
US weekly jobless claims fall; first quarter GDP unrevised at 6.4pc
World

US weekly jobless claims fall; first quarter GDP unrevised at 6.4pc

  • Imprecise seasonal factors around Memorial Day holiday weekend likely contributed to the uptick in initial claims, so the rise should prove temporary.
  • Four states, including Iowa and Alaska, either terminated all federal government-funded benefits or just the $300 supplement on June 12.
Published 24 Jun, 2021 05:44pm