Latest Jobless claims News

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.
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 layoffs still high, but so is skepticism on jobless data

Oct. 8, 2020 2:31 PM EDT

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession. Yet economists say they are increasingly dubious about the unemployment claims figures, even though there is...

US jobless claims reach 840,000 as layoffs remain high 7 months after virus struck economy

Oct. 8, 2020 8:32 AM EDT
WASHINGTON (AP) — US jobless claims reach 840,000 as layoffs remain high 7 months after virus struck economy.
Passers-by walk past a hiring sign as they enter a Target retail store location, Wednesday, Sept. 30, 2020, in Westwood, Mass. The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.  (AP Photo/Steven Senne)

US layoffs remain elevated as incomes and spending weaken

Oct. 1, 2020 4:11 PM EDT

WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer. The Labor Department's report, released Thursday, suggests that companies are still cutting a...