• New unemployment claims hit highest level since September

    8 days ago - By Inman

    The number of total unemployment claims last week reached 1.1 million, an increase of 231,335 from the previous week, according to the U.S. Department of Labor.
    Read more ...

     

  • Top Stocks To Buy Today As Dow Trades Higher Despite Disappointing Jobless Data

    8 days ago - By Forbes

    Although jobless claims data jumped to 965,000 last week, and beat the estimate of 800,000, Biden stimulus excitement and more vaccine news sent stocks higher. For investors looking to make the most of this market, our deep learning algorithms have crunched the data to give you a set of Top Buys.
    Read more ...

     

  • US unemployment claims jump to 965,000 as virus takes toll

    US unemployment claims jump to 965,000 as virus takes toll

    8 days ago - By Stl Today

    WASHINGTON - The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs.
    Read more ...

     

  • US stocks gain as stimulus optimism offsets the biggest jobless-claims surge since March

    US stocks gain as stimulus optimism offsets the biggest jobless-claims surge since March

    8 days ago - By Business Insider

    Summary List Placement
    US stocks gained on Thursday as a surge in weekly jobless claims was offset by optimism around President-elect Joe Biden's stimulus plan.
    Weekly jobless claims of 965,000 represented the biggest increase since March and the highest level since August.
    Democrats are weighing a potential multi-trillion-dollar stimulus bill that would combine infrastructure spending and COVID-19 relief legislation into a single bill.
    Sign up here our daily newsletter, 10 Things Before the Opening Bell .
    US stocks gained on Thursday as a surge in weekly jobless claims was offset by hopes...
    Read more ...

     

  • US stocks gain as stimulus optimism offsets the biggest jobless-claims surge since March

    8 days ago - By Business Insider

    REUTERS/John Gress
    US stocks gained on Thursday as a surge in weekly jobless claims was offset by optimism around President-elect Joe Biden's stimulus plan. Weekly jobless claims of 965,000 represented the biggest increase since March and the highest level since August. Democrats are weighing a potential multi-trillion-dollar stimulus bill that would combine infrastructure spending and COVID-19 relief legislation into a single bill. Sign up here our daily newsletter, 10 Things Before the Opening Bell. US stocks gained on Thursday as a surge in weekly jobless claims was offset by hopes of a...
    Read more ...

     

  • US jobless claims jump to 965,000 as layoffs remain high with economy in grip of virus

    8 days ago - By Stl Today

    WASHINGTON - US jobless claims jump to 965,000 as layoffs remain high with economy in grip of virus.
    Read more ...

     

  • US unemployment claims jump to 965,000 as virus takes toll

    8 days ago - By Chron

    WASHINGTON - The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
    The latest figures for jobless claims, issued Thursday by the Labor Department, remain at levels never seen until the virus struck. Before the pandemic, weekly applications typically numbered around 225,000. Last spring, after nationwide shutdowns took effect, applications for jobless benefits spiked to nearly 7 million - 10 times the previous record high. After declining over the summer, weekly claims have...
    Read more ...

     

  • Weekly Initial Unemployment Claims increased to 965,000

    Weekly Initial Unemployment Claims increased to 965,000

    8 days ago - By Calculated Risk

    The DOL reported :
    In the week ending January 9, the advance figure for seasonally adjusted initial claims was 965,000, an increase of 181,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 787,000 to 784,000. The 4-week moving average was 834,250, an increase of 18,250 from the previous week's revised average. The previous week's average was revised down by 2,750 from 818,750 to 816,000.
    emphasis added This does not include the 284,470 initial claims for Pandemic Unemployment Assistance that was up from 161,159 the previous week.
    The...
    Read more ...

     

  • Jobless claims surge to highest weekly total since August

    8 days ago - By CNBC

    First-time claims for unemployment insurance were expected to total 800,000 last week, according to economists surveyed by Dow Jones.
    Read more ...

     

  • US weekly jobless claims jump the most since March as America's labor-market recovery falters

    8 days ago - By Business Insider

    Marcelo Hernandez/Getty
    New US jobless claims for the week that ended Saturday totaled 965,000, the Labor Department said Thursday , signaling the labor market's rebound weakened through the end of the holiday season.
    Economists surveyed by Bloomberg expected a reading of 800,000 claims.
    The data shows a sizable increase from the previous week's revised number of 784,000. The jump was the biggest since March.
    Continuing claims, which track Americans receiving unemployment benefits, gained to 5.3 million for the week that ended January 2. That's above the consensus economist forecast of 5.3...
    Read more ...