Latest Jobless claims News

In this photo, provided by the New York Stock Exchange, specialist Dilip Patel, left, works with a trader on the floor of the NYSE, Thursday, Nov. 19, 2020. U.S. stocks are drifting in mixed trading on Thursday, as Wall Street's tug of war continues between worries about the worsening pandemic in the present and optimism that a vaccine will come in the future. (Courtney Crow/New York Stock Exchange via AP)

Asian shares mostly climb amid tug of war between hope, fear

Nov. 19, 2020 9:26 PM EST

TOKYO (AP) — Asian shares mostly rose in muted trading Friday after Wall Street eked out modest gains amid a tug of war between worries about the worsening pandemic in the present and optimism that a vaccine will rescue the economy in the future. Japan's benchmark Nikkei 225 slipped 0.5% in morning...

FILE - This May 7, 2020, file photo shows a man wearing a mask while walking under a Now Hiring sign at a CVS Pharmacy during the coronavirus outbreak in San Francisco.  On Thursday, Nov. 12, the number of people seeking unemployment benefits fell last week to 709,000, the fourth straight drop and a sign that the job market is slowly healing. The figures coincide with a sharp resurgence in confirmed viral infections to an all-time high above 120,000 a day.  (AP Photo/Jeff Chiu, File)

US jobless claims rise to 742,000; millions to lose aid

Nov. 19, 2020 9:48 AM EST

WASHINGTON (AP) — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs. The worsening pandemic and the arrival of cold weather could...

FILE - In this Sept. 2, 2020 file photo, a customer wears a face mask as they carry their order past a now hiring sign at an eatery in Richardson, Texas. The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is still forcing many employers to cut jobs. (AP Photo/LM Otero, File)

751,000 seek US jobless benefits as virus hobbles economy

Nov. 5, 2020 10:27 AM EST

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic. A surge in viral cases and Congress’ failure so far to provide more...

A currency trader walks by screens showing the foreign exchange rates and the Korean Securities Dealers Automated Quotations (KOSDAQ) at the foreign exchange dealing room in Seoul, South Korea, Friday, Oct. 30, 2020. Asian stocks sank Friday as investors looked ahead to next week's U.S. presidential election and weighed the chances of economic stimulus from Washington and Europe.(AP Photo/Lee Jin-man)

Asian shares fall back after Wall Street rebound

Oct. 29, 2020 11:36 PM EDT

BEIJING (AP) — Asian stocks sank Friday as investors looked ahead to next week's U.S. presidential election and weighed the chances of economic stimulus from Washington and Europe. Benchmarks in Tokyo, Hong Kong and Seoul all retreated. Shanghai swung between gains and losses. Investors have been dismayed...

FILE - In this Sept. 2, 2020 file photo, a customer wears a face mask as they carry their order past a now hiring sign at an eatery in Richardson, Texas. The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is still forcing many employers to cut jobs. (AP Photo/LM Otero, File)

Jobless claims fall to 751,000, but new infections a threat

Oct. 29, 2020 10:11 AM EDT

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is forcing many employers to cut jobs. Applications for unemployment aid fell 40,000 from the previous week, the Labor...

US jobless claims fall to 751,000 as layoffs remain high nearly 8 months after virus struck economy

Oct. 29, 2020 8:32 AM EDT
WASHINGTON (AP) — US jobless claims fall to 751,000 as layoffs remain high nearly 8 months after virus struck economy.
FILE - In this June 11, 2020, file photo, information signs are displayed at the closed Illinois Department of Employment Security WorkNet center in Arlington Heights, Ill. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked up modestly. The Labor Department said Tuesday, Oct. 6, 2020, that the number of U.S. job postings on the last day of August dipped to 6.49 million, down from 6.70 million July. (AP Photo/Nam Y. Huh, File)

US jobless claims drop to 787,000, but layoffs remain high

Oct. 22, 2020 12:40 PM EDT

WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels. Last week's figure was down from 842,000 the previous week, the Labor Department said Thursday. The...

US jobless claims drop to 787,000, though layoffs remain high 7 months after virus struck economy

Oct. 22, 2020 8:32 AM EDT
WASHINGTON (AP) — US jobless claims drop to 787,000, though layoffs remain high 7 months after virus struck economy.
FILE - In this Wednesday, Sept. 2, 2020, file photo, passers-by walk past a business storefront with store closing and sale signs in Dedham, Mass. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked up modestly. The Labor Department said Tuesday, Oct. 6, 2020,  that the number of U.S. job postings on the last day of August dipped to 6.49 million, down from 6.70 million July. (AP Photo/Steven Senne, File)

US jobless claims rise to 898,000 with layoffs still high

Oct. 15, 2020 10:41 AM EDT

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession. Thursday’s report from the Labor...

US jobless claims reach 898,000 as layoffs remain high 7 months after virus struck economy

Oct. 15, 2020 8:31 AM EDT
WASHINGTON (AP) — US jobless claims reach 898,000 as layoffs remain high 7 months after virus struck economy.