U.S. Jobless Claims Remained Low Last Week
This post was originally published on this siteInitial jobless claims decreased to 229,000 last week as employers continued to avoid layoffs in a still-tight labor market.
U.S. Jobless Claims Rise Above Prepandemic Average
This post was originally published on this siteWorkers filed 229,000 jobless claims last week, the largest total since January, adding to signs the labor market could be cooling a bit.
Job Growth Seen Slowing but Remaining Strong
This post was originally published on this siteA persistent shortage of workers, interest-rate increases and inflation will likely cool the U.S. labor market in coming months, economists say.
U.S. Jobless Benefits Fell Last Week
This post was originally published on this siteInitial jobless claims, a proxy for layoffs, fell to 200,000 last week, marking four months of historically low claims in a tight U.S. labor market.
Economic Scorecard: Biggest Numbers May Not Be Best, for Now
This post was originally published on this siteAs the Federal Reserve tries to rein in inflation without causing a recession, slower job creation and wage growth could be a plus.
Transformed Labor Market Puts Odds of Being Laid Off at Historic Lows
This post was originally published on this siteNew claims for unemployment benefits are trending at their lowest levels since 1968, underscoring few layoffs in the tightest labor market in half a century.
Jobless claims rise after hitting lowest level since 1968
This post was originally published on this siteNew weekly applications for jobless aid rose last week after reaching the lowest level since 1968, according to data released Thursday by the Labor Department. In the week ending April 9, seasonally adjusted initial claims for unemployment insurance totaled 185,000, up 18,000 from...
March Jobs Report Could Reveal Strong Hiring Momentum
This post was originally published on this siteEconomists surveyed by The Wall Street Journal estimate that employers added 490,000 jobs in March—which would mark 11 straight months of gains above 400,000, the longest such stretch since 1939.
Some wins for US labor, but big picture stays tough
This post was originally published on this site Lauded by President Joe Biden and bolstered by recent triumphs at Starbucks, the US labor movement has had reasons to cheer as attention focuses on upcoming unionization votes at Amazon. But those bright spots do not change an overall picture that is...
The Great Resignation Shows What Empowered Workers Really Look Like
This post was originally published on this site Some politicians insist that workers are so beleaguered governments should push them into labor unions and mandate a national $15 per hour minimum wage. But then economic and cultural conditions largely fueled by reactions to COVID-19 spurred an enormous shift in the...