Business Standard

Jobless Claims

US jobless claims fall to five-month low as impact of two storms fades

Initial claims decreased by 12,000 to 216,000 in the week ended Oct. 26. The median forecast in a Bloomberg survey of economists called for 230,000 applications

US jobless claims fall to five-month low as impact of two storms fades
Updated On : 31 Oct 2024 | 7:54 PM IST

US weekly jobless claims fall more than expected last week: Report

Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 218,000 for the week ended Feb. 3, the Labor Department said on Thursday

US weekly jobless claims fall more than expected last week: Report
Updated On : 08 Feb 2024 | 8:50 PM IST

US worker productivity strong in fourth quarter; weekly jobless claims rise

Nonfarm productivity, which measures hourly output per worker, increased at a 3.2% annualized rate last quarter, the Labor Department's Bureau of Labor Statistics said on Thursday

US worker productivity strong in fourth quarter; weekly jobless claims rise
Updated On : 01 Feb 2024 | 7:59 PM IST

New US unemployment benefits claims rise again as labor market cools

The figures tend to be volatile around the holidays. The four-week moving average, which offers a clearer picture of the trend, was little changed at 212,000 last week, the lowest since late October

New US unemployment benefits claims rise again as labor market cools
Updated On : 28 Dec 2023 | 8:30 PM IST

South Korea's unemployment claims rise by 2.1% YoY to 86,000 in May

South Korea's unemployment claims rose last month amid growing worries about an economic slump, Labour Ministry data showed on Monday

South Korea's unemployment claims rise by 2.1% YoY to 86,000 in May
Updated On : 12 Jun 2023 | 3:54 PM IST

US unemployment claims tick up to 245,000, but still low by standards

The number of Americans applying for unemployment benefits rose last week but remains low by historic standards. U.S. jobless claims rose by 5,000 to 245,000, the Labour Department reported Thursday. The four-week moving average of claims, which evens out week-to-week ups and downs, fell by 500 to 239,750. At the start of the year, weekly claims were running around 200,000 and they have gradually moved higher. The weekly claims numbers are a proxy for layoffs, and they show that American workers enjoy unusual job security despite rising interest rates, economic uncertainty and fears of a looming recession. The U.S. job market is healthy overall. At 3.5% last month, the unemployment was a tick above January's half-century low 3.4%. Employers added 236,000 jobs in March, down from 472,000 in January and 326,000 in February but still strong by historic standards. The inflation fighters at the Federal Reserve worry that a tight job market puts upward pressure on wages and on overa

US unemployment claims tick up to 245,000, but still low by standards
Updated On : 20 Apr 2023 | 7:05 PM IST

India's jobless rate rises to three-month high of 8% in Nov: CMIE data

India's unemployment rate rose to 8.0% in November, highest in three months, from 7.77% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed

India's jobless rate rises to three-month high of 8% in Nov: CMIE data
Updated On : 01 Jan 2023 | 11:34 PM IST

Need to address gap due to India's jobless growth, says Anand Mahindra

On inflation, he said that though it's a concern from the business angle, it can nevertheless provide a minimum threshold of returns on productive assets

Need to address gap due to India's jobless growth, says Anand Mahindra
Updated On : 05 Aug 2022 | 11:43 PM IST

India's December jobless rate hits 4-month high of 7.9%: CMIE data

India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy (CMIE) showed

India's December jobless rate hits 4-month high of 7.9%: CMIE data
Updated On : 03 Jan 2022 | 10:28 AM IST

United States initial jobless claims rise again, led by california

Continuing claims for state benefits fell to 2.8 million in the week ended Sept. 18.

United States initial jobless claims rise again, led by california
Updated On : 30 Sep 2021 | 8:30 PM IST

US economy grows solidly in second quarter; weekly jobless claims fall

Though the fiscal boost is fading and COVID-19 cases are rising in states with lower vaccination rates, consumer spending will likely continue to grow.

US economy grows solidly in second quarter; weekly jobless claims fall
Updated On : 29 Jul 2021 | 6:52 PM IST

Wall St turns positive after choppy trading due to higher jobless claims

NEW YORK (Reuters) -U.S. stock markets turned positive on Thursday as investors digested data showing a two-month high in unemployment claims as the country still grapples with the pandemic, while yields on safe-haven assets such as U.S. Treasuries eased.

Wall St turns positive after choppy trading due to higher jobless claims
Updated On : 23 Jul 2021 | 3:10 AM IST

India's June jobless rate falls to 9.17% from 11.90% in May: CMIE

India's June unemployment rate fell to 9.17% from the May figure of 11.90%, data from the Centre for Monitoring Indian Economy (CMIE) showed on Thursday

India's June jobless rate falls to 9.17% from 11.90% in May: CMIE
Updated On : 01 Jul 2021 | 9:48 AM IST

India's jobless rate slides 8.7% in signs economy is turning around

Rate for the week to June 13 fell to 8.7% from 13.6% a week ago, data from Centre for Monitoring Indian Economy showed.

India's jobless rate slides 8.7% in signs economy is turning around
Updated On : 15 Jun 2021 | 11:18 AM IST

Initial unemployment claims in the US drop for a fourth straight week

The claims dropped to 406,000, a new low since the Covid-19 pandemic ravaged the labour market early last year, the US Labour Department reported

Initial unemployment claims in the US drop for a fourth straight week
Updated On : 28 May 2021 | 11:24 AM IST

US weekly jobless claims at four-month low; labour market regaining footing

Unadjusted claims dropped 47,170 to 709,458 last week, amid declines in Texas, New York and Mississippi, where claims had been boosted in the prior period by harsh weather

US weekly jobless claims at four-month low; labour market regaining footing
Updated On : 12 Mar 2021 | 3:35 AM IST

S&P 500, Dow Jones hit record highs after upbeat jobless claims data

Mega-cap stocks Microsoft, Apple, Facebook and Amazon.com led the rally, recouping losses from a recent pullback and helping the benchmark S&P 500 surpass its Feb. 16 peak of 3,950.43

S&P 500, Dow Jones hit record highs after upbeat jobless claims data
Updated On : 12 Mar 2021 | 3:22 AM IST

US weekly unemployment claims fall, but still at elevated levels

The United States is in the midst of a fresh wave of COVID-19 infections, with 4.2 million new cases and more than 35,000 coronavirus-related deaths reported in November.

US weekly unemployment claims fall, but still at elevated levels
Updated On : 03 Dec 2020 | 7:33 PM IST

Jobless claims, hiring data brighten US labor market view

Thursday's reports underscored the economy's strength and supported views that the United States would weather the impact of last month's British referendum to leave the EU

Jobless claims, hiring data brighten US labor market view
Updated On : 07 Jul 2016 | 9:31 PM IST