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The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor market that should continue to support the economy. The second ...
Lucy Bayly, CNN. May 9, 2024 at 9:34 AM. Aaron M. Sprecher/AP. First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, in another sign that the ...
The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, offering more evidence that the labor market was steadily cooling.
t. e. Unemployment insurance in the United States, colloquially referred to as unemployment benefits, refers to social insurance programs which replace a portion of wages for individuals during unemployment. The first unemployment insurance program in the U.S. was created in Wisconsin in 1932, and the federal Social Security Act of 1935 created ...
Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 222,000 for the week ended May 11, the Labor Department said. Economists polled by Reuters had forecast ...
The number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and high interest rates. Jobless claims for ...
The system had processed claims for 30.8 percent of civilian workers in Washington, the highest of any state in the United States. The fraud ring, named Scattered Canary by security researchers, had also filed fraudulent unemployment claims in six other states and is under investigation from the U.S. Department of Justice.
The four-week average of claims, a less volatile measure, fell by 750 from the previous week to 212,250. Weekly unemployment claims are broadly viewed as representative of the number of U.S ...