Economy News Us Economy News Today Jobless Claims Lower As Fed Watches Labor Market Strength

US unemployment rate rounds up to 4.4% in October, Chicago Fed estimates

The U.S. jobless rate likely edged up in October to the highest in four years as the hiring rate for unemployed workers slowed and the rate of layoffs and other job separations increased, according to ... Read More

The Fed Is Turning to These Data Sets During the Shutdown. Here’s What They Reveal About the Economy

With the government shutdown halting key reports, the Fed is turning to private data and creative clues to keep tabs on the U.S. economy. Read More

US weekly jobless claims fall, economists estimate

The number of Americans filing new applications for unemployment benefits fell last week, economists estimated on Thursday, though new job opportunities for those who are laid off remained scarce amid ... Read More

Corporate profits are soaring even as layoffs mount. Economists call it a "jobless boom."

A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand. Read More

US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... Read More

US weekly jobless claims increase, more people collecting unemployment checks, economists estimate

The number of Americans filing new applications for jobless benefits increased last week, economists estimated on Thursday, and more people were collecting unemployment checks in early October amid ... Read More

Fed lowers interest rates as it struggles to assess state of US economy without key government data

Even in the best of times, the Fed has a tough time interpreting the data and deciding how best to guide the US economy. Read More

Jobless claims - and layoffs - are still low. Unofficially, that is.

Wall Street firms see hardly any increase in jobless claims during the government shutdown A "We're Hiring" sign is taped to the window of a business in Miami. Due to the U.S. Government shutdown, the ... Read More

US Weekly Jobless Claims Increased Amid Government Shutdown, Economists Estimate

WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits increased again last week, economists estimated on Thursday, hinting at some early layoffs of ... Read More

Fed Cuts Rates as Officials Worry About Labor Market

The Federal Reserve cut interest rates by a quarter point for the second time this year. Investors lowered the probability of a cut at the Fed’s December meeting after Jerome Powell, the central ... Read More