Department of Labor News

Surprising Spike: US Jobless Claims Jump to 217,000, Defying Analyst Predictions

The US saw an unexpected rise in jobless claims to 217,000 for the week ending January 11, surpassing analysts' predictions. Despite this, the 4-week moving average decreased, hint...

U.S. Job Market Shows Strength: Initial Jobless Claims Drop to 201,000

The U.S. job market shows signs of strength with initial jobless claims dropping to 201,000, below expectations. The 4-week moving average also decreased, indicating a positive tre...

US Job Market Shows Resilience: Jobless Claims Drop to 211,000

The US Department of Labor reports a significant decrease in jobless claims to 211,000, alongside a drop in the insured unemployment rate to 1.2%, signaling a strengthening job mar...

US Job Market Shows Resilience: Initial Jobless Claims Dip to 219,000

The US labor market shows signs of resilience as initial jobless claims decrease slightly to 219,000, while the insured unemployment rate experiences a marginal increase to 1.3%. T...

US Jobless Claims Drop Sharply: What Does It Mean for the Economy?

US jobless claims dropped by 22,000 to 220,000 in the week ending December 14, indicating a potential strengthening in the job market. The 4-week moving average increased to 225,50...

US Jobless Claims Surge: A Closer Look at the Latest Employment Data

The Department of Labor reports a significant increase in US initial jobless claims, reaching 242,000 and surpassing analysts' forecasts. The four-week moving average also climbed,...