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Us Unemployment Rate

US weekly unemployment claims increase marginally to 223,000: Labour dept

Initial claims for state unemployment benefits increased 6,000 to a seasonally adjusted 223,000 for the week ended Jan 18

US weekly unemployment claims increase marginally to 223,000: Labour dept
Updated On : 23 Jan 2025 | 10:02 PM IST

US weekly jobless claims fall 1,000 to 219,000: Labour department

Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 219,000 for the week ended Dec. 21, the Labor Department said

US weekly jobless claims fall 1,000 to 219,000: Labour department
Updated On : 26 Dec 2024 | 7:57 PM IST

US weekly unemployment claims unexpectedly fall 22,000 to 220,000

Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec 14

US weekly unemployment claims unexpectedly fall 22,000 to 220,000
Updated On : 19 Dec 2024 | 9:59 PM IST

Hit by storms & labour union strikes, US payrolls increase by just 12,000

Nonfarm payrolls increased 12,000 last month, and hiring over the previous two months was weaker than previously thought, suggesting the underlying labor market continues to cool

Hit by storms & labour union strikes, US payrolls increase by just 12,000
Updated On : 01 Nov 2024 | 9:49 PM IST

US weekly jobless claims drop by 15,000 to 227,000: Labour department

The labour department said that initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 227,000 for the week ended Oct.19

US weekly jobless claims drop by 15,000 to 227,000: Labour department
Updated On : 24 Oct 2024 | 6:59 PM IST

US weekly unemployment claims unexpectedly fall 19,000 to 241,000

Initial claims for state unemployment benefits dropped 19,000 last week to a seasonally adjusted 241,000 for the week ended Oct. 12

US weekly unemployment claims unexpectedly fall 19,000 to 241,000
Updated On : 17 Oct 2024 | 10:57 PM IST

Share Market Today: RBI MPC meet, Q2 earnings, Middle East war, Oil, FIIs

At 6:40 AM, GIFT Nifty futures were trading 89 points higher at 25,262 levels, suggesting a robust opening for the markets.

Share Market Today: RBI MPC meet, Q2 earnings, Middle East war, Oil, FIIs
Updated On : 07 Oct 2024 | 7:34 AM IST

US job growth likely steady in Sept, unemployment rate expected at 4.2%

The labour market, however, is likely to experience some brief turbulence after Hurricane Helene devastation

US job growth likely steady in Sept, unemployment rate expected at 4.2%
Updated On : 04 Oct 2024 | 10:15 AM IST

Weekly unemployment claims fall unexpectedly to 227,000: US labour dept

Initial claims for state unemployment benefits dropped 7,000 to a seasonally adjusted 227,000 for the week ended Aug. 10, the Labour Department said

Weekly unemployment claims fall unexpectedly to 227,000: US labour dept
Updated On : 15 Aug 2024 | 7:30 PM IST

US jobs data fallout: Recession fears add to IT services sector concerns

Market sources and media reports concur that today's global sell-off may trigger an early rate cut by the US Federal Reserve

US jobs data fallout: Recession fears add to IT services sector concerns
Updated On : 05 Aug 2024 | 11:22 PM IST

US unemployment rate hits 4.3% in July as job growth slows considerably

The employment report also showed increase in annual wages last month was smallest in more than three years, effectively sealing the case for the U.S. central bank to cut interest rates in September

US unemployment rate hits 4.3% in July as job growth slows considerably
Updated On : 02 Aug 2024 | 7:46 PM IST

US job openings edge lower in June, labour resilience underpinning economy

Job openings have been steadily declining since hitting a record 12.182 mn in March 2022 as demand moderates in response to the Federal Reserve's aggressive interest rate hikes

US job openings edge lower in June, labour resilience underpinning economy
Updated On : 30 Jul 2024 | 10:23 PM IST

US economic growth seen picking up in 2nd quarter, inflation subsiding

The economy, which continues to outperform its global peers despite hefty rate hikes from the Fed in 2022 and 2023, remains supported by a resilient labor market even as the unemployment rate has rise

US economic growth seen picking up in 2nd quarter, inflation subsiding
Updated On : 25 Jul 2024 | 10:46 AM IST

Job growth moderates in June; unemployment rises to 4.1%: US Labor dept

Nonfarm payrolls increased by 206,000 jobs last month, the Labor Department's Bureau of Labor Statistics said in its closely watched employment report on Friday

Job growth moderates in June; unemployment rises to 4.1%: US Labor dept
Updated On : 05 Jul 2024 | 6:38 PM IST

US job growth expected to slow down, unemployment rate to remain steady

Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023

US job growth expected to slow down, unemployment rate to remain steady
Updated On : 05 Jul 2024 | 10:02 AM IST

US weekly unemployment claims rise, pointing to labour market slowdown

Initial claims for state unemployment benefits rose 4,000 to a seasonally adjusted 238,000 for the week ended June 29, the Labor Department said on Wednesday

US weekly unemployment claims rise, pointing to labour market slowdown
Updated On : 03 Jul 2024 | 7:21 PM IST

US economic growth revised lower for Q1; weekly jobless claims edge up

The labor market is steadily rebalancing in the wake of 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022 to slow demand in the overall economy

US economic growth revised lower for Q1; weekly jobless claims edge up
Updated On : 30 May 2024 | 7:53 PM IST

US unemployment benefits claims fall as labour market continues to thrive

The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low despite the Federal Reserve's efforts to loosen the labor market. Jobless claims for the week ending May 18 fell by 8,000 to 215,000, down from 223,000 the week before, the Labor Department reported Thursday. The four-week average of claims, which softens some of the week-to-week volatility, rose a modest 1,750 to 219,750. Weekly unemployment claims are considered a proxy for the number of U.S. layoffs in a given week and a sign of where the job market is headed. They have remained at historically low levels since millions of jobs were lost when the COVID-19 pandemic hit the U.S. in the spring of 2020. The Federal Reserve raised its benchmark borrowing rate 11 times beginning in March of 2022 in a bid to stifle the four-decade high inflation that took hold after the economy rebounded from the COVID-19 recession of 2020. The Fed's intention was to loosen the labor market an

US unemployment benefits claims fall as labour market continues to thrive
Updated On : 23 May 2024 | 7:48 PM IST

Unemployment rate highest in country under Modi govt: Priyanka Gandhi

Congress leader Priyanka Gandhi Vadra on Saturday hit out at the Narendra Modi government over jobs and inflation, saying the unemployment rate is the highest in the country. Addressing a campaign rally at Udgir in Latur district for the Congress candidate, she said 30 lakh posts are lying vacant in the Central government which have not been filled in the last ten years. "Hardships (of the people) and unemployment have risen in the last ten years. 70 crore people, youth are unemployed," Gandhi said. The AICC general secretary also said GST (Goods and Services Tax) has been imposed on every (piece of) agricultural equipment and promised to abolish it after Congress comes to power. Gandhi alleged democracy was being weakened while in Maharashtra, legislators were bought, governments toppled, and parties were being split. "There is no bigger crime than what is happening to democracy," she added. Congress has fielded eye surgeon Shivaji Kalge in Latur (SC) Lok Sabha constituency agai

Unemployment rate highest in country under Modi govt: Priyanka Gandhi
Updated On : 27 Apr 2024 | 11:24 PM IST

US weekly unemployment claims remain unchanged at low level of 212,000

The U.S. central bank has kept its policy rate in the 5.25%-5.50% range since July. It has raised the benchmark overnight interest rate by 525 basis points since March of 2022

US weekly unemployment claims remain unchanged at low level of 212,000
Updated On : 18 Apr 2024 | 8:15 PM IST