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Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 222,000 for the week ended May 11, the Labor Department said. Economists polled by Reuters had forecast ...
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor market that should continue to support...
Nonfarm payrolls likely increased by 200,000 jobs last month after rising by 275,000 in February, according to a Reuters survey. The unemployment rate is forecast unchanged at 3.9%. Labor market...
There is ongoing debate among economists regarding the extent to which unemployment is cyclical (i.e., temporary and related to economic cycles, and therefore responsive to stimulus measures that spur demand) or structural (i.e., longer-term and independent of the economic cycle, and therefore requiring process reforms and re-allocation of workers among industries and geographies).
The steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent and 63.6 percent. Meanwhile, job gains have averaged 151,000.
t. e. Unemployment insurance in the United States, colloquially referred to as unemployment benefits, refers to social insurance programs which replace a portion of wages for individuals during unemployment. The first unemployment insurance program in the U.S. was created in Wisconsin in 1932, and the federal Social Security Act of 1935 created ...
The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates. The Labor Department reported ...
Unemployment rate by jurisdiction. Data for all U.S. states, the District of Columbia and Puerto Rico is from June 2023 and September 2021, respectively. Data for Guam is from September 2019, and data for American Samoa is from 2018.
Beveridge curve. A Beveridge curve, or UV curve, is a graphical representation of the relationship between unemployment and the job vacancy rate, the number of unfilled jobs expressed as a proportion of the labour force. It typically has vacancies on the vertical axis and unemployment on the horizontal. The curve, named after William Beveridge ...
In an encouraging sign, for the week ending March 12, the advance figure for seasonally adjusted initial jobless claims was 214,000, a decrease of 15,000 from the previous week's revised ...