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Tag: unemployment benefits

LOS ANGELES, CALIFORNIA - JUNE 02: A 'Now Hiring' sign is displayed outside a resale clothing shop on June 2, 2023 in Los Angeles, California. Today’s U.S. labor report shows that employers added 339,000 jobs in May with sectors including construction, healthcare, business services and transportation adding jobs with wages showing 4.3 percent growth over the same period last year. (Photo by Mario Tama/Getty Images)

Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now

The number of Americans filing new applications for unemployment benefits fell more than expected last week, somewhat easing fears of an unraveling labor market.

Read More Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now
NEW YORK, NEW YORK - JUNE 07: A "Now Hiring" sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City. A jobs report for the month of May released by Labor Department showed that the U.S. added employers added 272,000 nonagricultural jobs and also reported that the unemployment rate rose to 4 percent for the first time in more than two years. (Photo by Michael M. Santiago/Getty Images)

Unemployment Claims Increase To Highest Level Since September 2023

A new report has revealed that the number of jobless claims has reached the highest in 10 months. 

Read More Unemployment Claims Increase To Highest Level Since September 2023
A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo

S&P 500 notches record high as Nvidia rally continues

The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.

Read More S&P 500 notches record high as Nvidia rally continues
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid

Wall St climbs after jobless claims data spurs rate-cut bets

The main U.S. stock indexes rose on Thursday and renewed hopes that the Federal Reserve will cut interest rates this year.

Read More Wall St climbs after jobless claims data spurs rate-cut bets
NEW YORK, NEW YORK - JULY 28: A "help wanted" sign is displayed in a window in Manhattan on July 28, 2022 in New York City. The Commerce Department said on Thursday that the nation's Gross Domestic Product (GDP) fell 0.2 percent in the second quarter. With two GDP declines in a row, many economists fear that the United States could be entering a recession. (Photo by Spencer Platt/Getty Images

Report: U.S. Jobless Claims Increase To Highest Level Since August

Unemployment benefit claims have climbed to its highest level since August 2023, initial filings show. 

Read More Report: U.S. Jobless Claims Increase To Highest Level Since August
A pedestrian passes a "Help Wanted" sign in the door of a hardware store in Cambridge, Massachusetts, U.S., July 8, 2022. REUTERS/Brian Snyder/File Photo

US labor market still tight; productivity falters in first quarter

The number of Americans filing new claims for unemployment benefits held steady at a low level last week.

Read More US labor market still tight; productivity falters in first quarter

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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