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Items Tagged with 'Unemployment benefits'

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Jobless claims hit 14-year low

Continue steady decline
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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Unemployment remains at lowest level since 2007

Down 19,000 from last week's total
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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Ending extension for federal unemployment triggers housing concerns

California group reaches out to unemployed with mortgages
News that the federal government has decided to forego an extension of long-term benefits for the unemployed prompted the California Employment Development Department (EDD) to fire off a warning notice to impacted workers. A big underlying concern is what happens to those using these benefits to support mortgages.
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Jobless claims inch up

Unemployment claims edge up by 5,000 filings
While jobless claims increased by 5,000 filings this past week, the uptick is relatively minor since it mirrors pre-recession levels.
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