Weekly unemployment claims rose less than expected last week, but remained above pre-epidemic levels, as U.S. The economy sought to offset the effects of the Covid-1, and those waiting to see if President Joe Biden’s $ 1.9 trillion stimulus law would become law. For the first time in the week …
Read More »Weekly Unemployment Claims:
Weekly employment claims are sharply higher than last week, but the economy has struggled to recover from the effects of the nearly year-long epidemic. The Labor Department reported filings for unemployment insurance for the first time in the week ended Feb. 27, with a seasonally adjusted 745,000, below the Dow …
Read More »Weekly unemployment claims rise more than expected after the holiday break
Claims for weekly employment gained momentum last week after filings were caught with a reduction as part of the weekly nxgiving holiday. The total number of first-time claims for unemployment insurance was 853,000 a week, up from a total of 116,000 a week earlier, the Labor Department said on Thursday. …
Read More »U.S. Claims a total of 860,000 as expected of the 860,000 who received weekly employment
First-time claims for unemployment insurance beat Wall Street estimates as the U.S. economy enters a critical new phase. A total of 660,00,000 filings were filed in the week ended September 301, the labor department reported on Thursday. Economists surveyed by the Dow Jones had earlier in the week expected 75,000,000 …
Read More »Shares plummet on worst GDP data on record, rising unemployment
Stock markets opened significant losses Thursday morning on the news that the United States experienced the worst quarterly economic contraction on record earlier this year and an increase in weekly jobless claims. The Dow Jones Industrial Average fell 300 points, or 1.1 percent, and the S&P 500 fell 31 points, …
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