US weekly jobless claims reverse prior surge, labor market still softening

The number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week's jump, but the labor market has softened as both the demand for and supply of ... Read More

US jobless aid applications retreat to 231,000 after surging to nearly 4-year high a week earlier

The number of Americans applying for jobless aid last week retreated significantly after surging to a nearly four-year high a week earlier. Read More

US Initial Jobless Claims Drop by Most in Almost Four Years

Initial applications for jobless benefits in the US dropped by the most in nearly four years, reversing an unusually large jump in the prior week and consistent with low levels of layoffs in the ... Read More

Another tremor for US economy? Jobless claims hit highest 263,000 in four years—Is a Fed rate cut now inevitable?

US labor market shows first real signs of strain as jobless claims jump to 263,000, the highest in nearly four years, far exceeding economists’ forecast of 231,000. The rise in claims puts pressure on ... Read More

Fed caught between inflation concerns and soaring jobless claims

The Federal Reserve faces a huge test this month as it weighs the state of the economy under President Trump, with inflation running a bit hotter than desired but a worsening jobs situation all but ... Read More

America’s job market flashes yet another warning sign about the economy

• The latest employment snapshot from the Bureau of Labor Statistics paints a bleak picture of the current state of the economy under President Donald Trump. • Labor market deterioration: Just 22,000 ... Read More

Job growth stalls: US economy added just 22,000 jobs in August and unemployment rose to highest level since 2021

(CNN) — The US job market is stalling out. Job growth slowed to a crawl in August, and the unemployment rate rose to its highest level in nearly four years, indicating the US labor market is growing ... Read More

US weekly jobless claims reverse prior surge, but labor market softening

The number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week's jump, but the labor market has softened as both the demand for and supply of ... Read More