The numbers: The number of Americans who applied for unemployment benefits in early December fell to a nearly three-month low of 211,000, indicating layoffs around the holiday season remain low Read more
Tag: unemployment figures
U.S. jobless claims climb to 230,000 in sign labor market is slowly cooling off
The numbers: The number of Americans who applied for unemployment benefits in early December rose slightly to 230,000, pointing to a slow but steady increase in layoffs as the U.S. Read more
November jobs report is most important data for inflation this year- and not in a good way
The November U.S. jobs report on Friday showed the U.S. economy gained 261,000 jobs last month, with the unemployment rate holding steady at 3.7%. Economists polled by the Wall Street Read more
U.S. adds 263,000 jobs in November and wages rise sharply — still too much for the Fed’s liking
The numbers: The U.S. created a robust 263,000 new jobs in November, a historically strong pace of hiring that’s good for workers but that also threatens to prolong a bout Read more
U.S. job openings fall to 10.3 million — but labor market still too strong for the Fed
The numbers: Job openings in the U.S. fell to 10.3 million in October in another sign the labor market is cooling off as the economy softens. But it doesn’t appear to Read more
U.S. private-sector job growth slows to lowest level since early 2021, ADP
The numbers: Private payrolls rose by 127,000 in November, according to the payroll services firm ADP on Wednesday. It is the slowest pace of growth since January 2021. Economists polled Read more
U.S. jobless claims jump to 240,000, highest since August
The numbers: Initial jobless benefit claims rose by 17,000 to 240,000 in the week ended November 19, the U.S. Labor Department said Wednesday. Economists polled by The Wall Street Journal Read more
U.S. jobless claims dip to 220,000 but layoffs are starting to rise
The numbers: The number of Americans who applied for unemployment benefits in mid-November fell slightly to 222,000 — a low number historically — but layoffs have edged higher in the Read more
Recessions always spur big layoffs, but the Fed thinks this time might be different
Can the Federal Reserve slow the economy and crush high inflation without triggering mass layoffs? Top officials at the central bank think they can pull it off. Most economists predict Read more
U.S. jobless claims tick higher in latest week
The numbers: Initial jobless claims rose 7,000 to 225,000 in the week ended November 5, the U.S. Labor Department said Thursday. Economists polled by The Wall Street Journal had estimated Read more