Hiring missed economists’ payroll forecasts, with just 199,000 jobs added in December, lower than November’s meager gains of 210,000, according to the U.S. Bureau of Labor Statistics (BLS) report on Friday (Jan. 7). The unemployment rate dropped to 3.9% from November’s 4.2% Wall Street Journal...
Even as the federal government has paid out unemployment cash at an unprecedented level over the last three months, an estimated one-third of those laid off due to the pandemic’s economic meltdown have not gotten checks. According to Bloomberg News, the feds disbursed a three-month...
October 10, 2024
The effects of Hurricane Helene, cutbacks in the auto industry and furloughs related to a strike at Boeing drove U.S. jobless claims to their highest total in a year. During the week ended Saturday (Oct. 5), there were 258,000 initial claims for unemployment insurance — a total that was 33,000 higher than the previous week and […]
January 07, 2022
Hiring missed economists’ payroll forecasts, with just 199,000 jobs added in December, lower than November’s meager gains of 210,000, according to the U.S. Bureau of Labor Statistics (BLS) report on...
June 02, 2020
Even as the federal government has paid out unemployment cash at an unprecedented level over the last three months, an estimated one-third of those laid off due to the pandemic’s...
