Tag Archives: employment

Labor Dept Reports 787K New Jobless Claims For Week

The New York Times reports: The government reported on Thursday that 757,000 workers filed new claims for state unemployment benefits last week, a drop of 73,000 from the previous week but still a stubbornly high rate as the incipient economic recovery struggles to maintain a foothold. Another 345,000 new claims were filed under a federal jobless program that provides benefits …

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Labor Dept Reports 898K Jobless Claims Last Week

CNBC reports: American workers continued to hit the unemployment line in large numbers last week, with 898,000 new claims filed for jobless benefits. Economists surveyed by Dow Jones had been looking for 830,000. The total for the week ended Oct. 10 was the highest number since Aug. 22 and another sign that the labor market continues to struggle to get …

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Michigan Moves Closer To Statewide LGBT Rights Law

Detroit’s CBS News affiliate reports: A ballot drive has turned in more than 483,000 signatures for an initiative to prohibit discrimination against LGBTQ people in Michigan by amending the state’s civil rights law. If election officials determine roughly 340,000 are valid, the bill would be placed before the Republican-led Legislature, where similar legislation has long stalled. If lawmakers did not …

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Jobs Slowed In September, Last Report Before Election

The New York Post reports: The US economy added 661,000 jobs in September as the American labor market’s rebound from the coronavirus pandemic hit yet another snag, new data show. Last month’s growth in non-farm payrolls helped push the unemployment rate down to 7.9 percent but marked a continued slowdown in hiring from August’s addition of about 1.5 million jobs, …

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Labor Dept Reports 837K New Jobless Claims For Week

Yahoo Finance reports: Another 837,000 individuals filed new jobless claims last week, for a marginal step down from the upwardly revised 873,000 reported for the prior period. This marked the fifth straight week that new jobless claims come in below 1 million. On a seasonally unadjusted basis, claims also declined, falling by more than 40,000 to 786,942. But six months …

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Labor Dept Reports 870K New Jobless Claims For Week

Yahoo Finance reports: Another 870,000 Americans filed for first-time unemployment benefits last week, unexpectedly rising slightly from the prior week to reaffirm a slowdown in the U.S. economic recovery. The U.S. Department of Labor released its weekly jobless claims report at 8:30 a.m. ET Thursday. At 870,000, Thursday’s figure represented the fourth consecutive week that new jobless claims came in …

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Labor Dept Reports 860K New Jobless Claims For Week

ABC News reports: Some 860,000 Americans lost their jobs and filed for unemployment insurance last week, the Labor Department said Thursday. The latest tally shows that new jobless claims have dipped significantly since peaking at 6.9 million in the last week of March. Still, it shatters the pre-pandemic weekly record set in 1982 of 695,000. Meanwhile, more than 29.7 million …

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Labor Department Reports 884K New Jobless Claims

CNBC reports: Weekly jobless claims were worse than expected last week amid a plodding climb for the U.S. labor market from the damage inflicted by the coronavirus pandemic. The Labor Department reported 884,000 first-time filings for unemployment insurance, compared to the 850,000 expected by economists surveyed by Dow Jones. The total was unchanged from the previous week. Continuing claims from …

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Biden: Empower Workers And Support Labor Unions

From Joe Biden and AFL-CIO head Richard Trumka: When he isn’t calling to boycott Goodyear and its thousands of union workers for petty personal reasons, Donald Trump is actively fighting against working people. That’s because, like so many CEOs and Wall Street robber-barons, he knows that if he can diminish union power, he can run the table on every American …

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Labor Dept: 1.4 Million Returned To Work In August

CNBC reports: Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4% as the U.S. economy continued to climb its way out of the pandemic downturn. The unemployment rate was by far the lowest since the coronavirus shutdown in March, according to Labor Department figures released Friday. An alternative measure that includes discouraged workers and …

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Labor Dept Reports Drop In Jobless Claims, BUT

NPR reports: Another 881,000 people applied for state unemployment benefits last week, the Labor Department says. That’s 130,000 fewer than the previous week. But the report comes with an asterisk. The department just changed the way it adjusts claims data to account for seasonal variation. That should make the reports more accurate in the weeks to come. But it also …

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Labor Dept Reports One Million New Jobless Claims

CNBC reports: The number of Americans who filed for unemployment benefits for the first time came in above 1 million for the 22nd time in 23 weeks as the economy struggles to recover from the coronavirus pandemic, the Labor Department said Thursday. It was the second-consecutive week that new claims was above 1 million. Initial claims were last below 1 …

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Labor Dept: Jobless Claims For Week Rise To 1.1 Million

CNBC reports: The number of people filing for unemployment benefits last week was greater than expected, raising concern about the state of the economy as lawmakers struggle to move forward on a new coronavirus stimulus package. The Labor Department said initial jobless claims for the week ending Aug. 15 came in at 1.106 million. Economists polled by Dow Jones expected …

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Uber And Lyft Set To Suspend Service In California

The Verge reports: No Uber and Lyft rides in California? After a judge rejected the companies’ effort to delay an order that they classify drivers as employees, it seems inevitable. Uber and Lyft have until August 20th to comply with the order. But the companies have said they will need to go dark in the Golden State in order to …

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Jobless Claims Below 1M For First Time In 20 Weeks

Yahoo Money reports:  The number of individuals filing new unemployment insurance claims improved to a fresh pandemic-era low last week, falling below the 1 million mark for the first time since March. Thursday’s report ended what had been a previous 20-week streak that new claims totaled more than 1 million, with tens of millions of Americans put out of work …

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1.2M New Jobless Claims As $600/Week Benefit Ends

Yahoo Finance reports: The number of new unemployment insurance claims improved last week to a pandemic-era low but held above 1 million yet again, as the coronavirus outbreak continues to weigh on the pace of recovery in the labor market. Thursday’s report reflected the twentieth straight week that new claims topped 1 million, as the pandemic forced furloughs and layoffs …

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POLL: 47% Say Job Lost To COVID Likely Won’t Return

The Associated Press reports: Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic now believe those jobs are lost forever, a new poll shows, a sign of increasing pessimism that would translate into roughly 10 million workers needing to find a new employer, if not a new occupation. It’s a sharp change after initial optimism the …

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Labor Dept Reports 1.4 Million New Jobless Claims

USA Today reports: The number of Americans filing jobless claims rose last week, showing the need for aid isn’t waning even as the extra $600 that bolstered weekly checks during the pandemic comes to an end. 1.4 million more Americans filed for unemployment benefits for the first time as the coronavirus surges throughout many states, and recently reopened businesses shut …

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Over 1M New Jobless Claims For 17th Straight Week

CNBC reports: The number of Americans who filed for unemployment benefits rose more than expected last week as the country continues to grapple with the economic impacts of the coronavirus pandemic. Initial weekly jobless claims came in at 1.3 million for the week ending July 11, the Labor Department said Thursday. Economists polled by Dow Jones expected 1.25 million. It …

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Powerful Health Care Workers Union Endorses Biden

Politico reports: The Service Employees International Union, which represents 2 million workers in health care, property services and the public sector, announced Thursday that it will throw its grassroots organizing power behind presumptive Democratic nominee Joe Biden in the 2020 presidential campaign. How does this change the race? By winning SEIU’s endorsement, Biden can tap into a network of tens …

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