U.S. Weekly Jobless Claims Unexpectedly Inch Up To 870,000

In a sign of continued weakness in the labor market, the Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended September 19th. The report said initial jobless claims inched up to 870,000, an increase of 4,000 from the previous week’s revised level […]

U.S. Weekly Jobless Claims Pull Back But Remain Above 1 Million

After reporting an unexpected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back in the week ended August 22nd. The report said initial jobless claims dropped to 1.006 million, a decrease of 98,000 from the previous week’s revised […]

West Europe’s Pull Not So Strong for Romanians Amid Covid-19

Romanians who flocked to Europe’s richer west before Covid-19 struck aren’t rushing back there. The country of 20 million people saw hundreds of thousands of doctors, engineers and builders head to the European Union’s more affluent states during the past decade. A chunk of them already returned in the pandemic’s early stages. As for emigrants, […]

France Primes Fresh Stimulus to Boost Jobs, Cut Taxes on Firms

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. France will unveil “massive” support for youth employment this week and a new broad stimulus plan including tax cuts for companies at the end of August, Finance Minister Bruno […]

U.S. Jobless Claims Dip Much Less Than Expected To 1.427 Million

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by much less than expected in the week ended June 27th. The Labor Department said initial jobless claims dropped to 1.427 million, a decrease of 55,000 from the previous week’s revised level of 1.482 million. Economists had expected […]

U.S. Jobless Claims Since Shutdown Reach 33.5 Million

First-time claims for U.S. unemployment benefits pulled back further off their recent record high in the week ended May 2nd, according to a report released by the Labor Department on Thursday, although claims remain at an elevated level and came in above economist estimates. The report said initial jobless claims dropped to 3.169 million, a […]

U.S. Initial Jobless Claims Drop But Still Exceed 6.6 Million

First-time claims for U.S. unemployment benefits decreased in the week ended April 4th but still came in well above economist estimates, according to a report released by the Labor Department on Thursday. The report said 6.606 million people filed for unemployment last week, a decrease of 261,000 from the previous week’s upwardly revised level of […]

U.S. Initial Jobless Claims Spike To New Record High

After reporting a substantial increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing another spike in jobless claims in the week ended March 28th. The Labor Department said initial jobless claims skyrocketed to 6.648 million, an increase of 3.341 million from the previous […]

UK Employment At Record High

The UK employment increased to a record high and the unemployment rate also advanced even before the economy faced the impact of coronavirus epidemic, data published by the Office for National Statistics showed on Tuesday. The employment rate rose 0.3 percentage points from the previous quarter to a joint record high of 76.5 percent in […]

U.S. Weekly Jobless Claims Unexpectedly Edge Down To 211,000

First-time claims for U.S. unemployment benefits unexpectedly showed a modest decrease in the week ended March 7th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 211,000, a decrease of 4,000 from the previous week’s revised level of 215,000. Economists had expected jobless claims to […]