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Items Tagged with 'U.S. Department of Labor'

ARTICLES

Jobless claims tick up by 3,000 filings

Still remains at historic lows
Brena Swanson
Although initial jobless claims ticked up by 3,000 filings to 287,000 for the week ended Oct. 25, levels still remain at historic lows.
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Jobless claims hit 14-year low

Continue steady decline
Brena Swanson
Jobless claims for the week ended Oct. 11 printed at 264,000, a drop of 23,000 from the previous week’s revised level of 287,000. This is the lowest level for initial claims since April 15, 2000.
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Consumer confidence hits second-highest level in a year

Jobless claims barely move
Brena Swanson
Consumer confidence climbed last week to the second-highest level in a year as an improving job market bolstered Americans' views of their financial well-being.
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Jobless claims drop to 8-year low

But it’s not all-positive news
Brena Swanson
Jobless claims plummeted by 19,000 filings to 284,000 for the week ended July 19, the lowest level for initial claims since Feb. 18, 2006. But it's what is hidden behind the numbers that is important to note.
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Jobless claims maintain downward trend

Falls by 2,000 filings
Brena Swanson
Jobless claims continue to maintain a steady, downward trend, with unemployment filings for the week ended June 21 falling by 2,000 to 312,000.
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Jobless claims reverse course back down

Fall by 6,000 filings
Brena Swanson
The job market is looking up as unemployment claims dropped by 6,000 filings after a slight rise last week.
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Unemployment remains at lowest level since 2007

Down 19,000 from last week's total
Ben Lane
The actual number of initial unemployment claims under state programs was 269,689 for the week ending May 10. That’s down 19,059 from the previous week, and significantly beat analyst expectations, which had predicted an increase of 2,887.
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April unemployment rate drops but 800K leave workforce

Rate falls to 6.3% largely on drop in participation
Brena Swanson
The unemployment rate dropped from 6.7% to 6.3%, largely on 806,000 people dropping out of the workforce. But, analysts note that the question remains as to whether the improvement is a catch up from adverse weather.
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Financial sector cuts finally stabilize

Planned layoffs down by 44% from 2013
Brena Swanson
Cuts in the financial sector are finally starting to stabilize after a year of continuous layoffs.
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The new reason behind financial job cuts

It's not a pullback in originations
Brena Swanson
The financial sector experienced the largest number of layoffs in February compared to other sectors, but unlike recent reports, the cuts follow successful companies taking proactive steps in adjusting to new realities.
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