Topics

Posted 8/31/2023, 12:50:00 PM

US applications for jobless claims inch back down as companies hold on to their employees

The number of Americans applying for jobless benefits fell slightly last week as companies held on to employees in an economy that has withstood rising interest rates, with job openings remaining robust and unemployment benefits being collected by about 1.73 million people.

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Relevant topic timeline:

8/17/2023

US weekly jobless claims fall; tight labor market underpinning economy

Weekly jobless claims in the US fell by 11,000 to reach 239,000, indicating a tight labor market despite a slowdown in job growth and raising the risk of the Federal Reserve increasing interest rates.

8/24/2023

US jobless claims fall as labor market remains tight

Despite the Federal Reserve's interest rate hikes, new claims for unemployment benefits in the US declined last week, indicating a resilient labor market and raising hopes of avoiding a recession.

8/25/2023

Fewer Dutch people are classed as long-term jobless - DutchNews.nl

The number of long-term unemployed people in the Netherlands has decreased significantly over the past 10 years, with the number of those out of work for over a year dropping from 240,000 to 47,000, and the total number of jobless individuals decreasing by 50%.

8/29/2023

Job Market Shows Signs of Weakening as Consumers Turn Gloomy

The number of job openings in the US fell to 8.8 million at the end of July, indicating a slowing economy, with declines seen in professional and business services, healthcare, and state and local government sectors, while the information industry and transportation saw increases in job openings. Additionally, consumer confidence dipped in August as Americans grew more concerned about rising prices of gas and groceries, and home prices continued to increase in June.

8/29/2023

Job openings fall to lowest since March 2021 as labor market softens

The number of open jobs in the US dropped to its lowest level in over two years in July, signaling a slowdown in the labor market, with economists expecting a further decrease in labor demand and a possible response from the Federal Reserve.

8/30/2023

Private sector job growth cools sharply in August to 177,000, worse than expected: ADP

U.S. hiring in August fell below expectations, signaling a cooling labor market due to higher interest rates, with companies adding 177,000 jobs compared to the predicted 195,000 gain, marking the worst month for job creation since March.

9/14/2023

Jobless Claims Remain Near Historic Lows Despite Small Rise in Weekly Filings

Initial jobless claims for state unemployment benefits rose by 3,000 to 220,000 in the latest week, but the four-week moving average fell to its lowest level since February, indicating that while the pace of hiring may be softening, there are very few layoffs.

9/21/2023

Jobless Claims Hit 8-Month Low as Labor Market Stays Tight, But Housing Market Slows With Rising Rates

Weekly jobless claims in the US have fallen to an eight-month low, indicating a tight labor market despite a slowdown in job growth.

9/21/2023

Jobless Claims Fall as Housing Market Shows Signs of Slowing

The number of Americans filing new claims for unemployment benefits decreased to an eight-month low, indicating a tight labor market despite slowing job growth.

9/21/2023

Layoffs Remain Near Record Lows Despite High Inflation and Rising Rates

The number of job layoffs in the U.S. remains near a record low despite rising interest rates and high inflation.

Topics

Posted 8/31/2023, 12:50:00 PM

US applications for jobless claims inch back down as companies hold on to their employees

apnews.com

Relevant topic timeline:

8/17/2023

US weekly jobless claims fall; tight labor market underpinning economy

8/24/2023

US jobless claims fall as labor market remains tight

Despite the Federal Reserve's interest rate hikes, new claims for unemployment benefits in the US declined last week, indicating a resilient labor market and raising hopes of avoiding a recession.

8/25/2023

Fewer Dutch people are classed as long-term jobless - DutchNews.nl

8/29/2023

Job Market Shows Signs of Weakening as Consumers Turn Gloomy

8/29/2023

Job openings fall to lowest since March 2021 as labor market softens

8/30/2023

Private sector job growth cools sharply in August to 177,000, worse than expected: ADP

9/14/2023

Jobless Claims Remain Near Historic Lows Despite Small Rise in Weekly Filings

9/21/2023

Jobless Claims Hit 8-Month Low as Labor Market Stays Tight, But Housing Market Slows With Rising Rates

Weekly jobless claims in the US have fallen to an eight-month low, indicating a tight labor market despite a slowdown in job growth.

9/21/2023

Jobless Claims Fall as Housing Market Shows Signs of Slowing

The number of Americans filing new claims for unemployment benefits decreased to an eight-month low, indicating a tight labor market despite slowing job growth.

9/21/2023

Layoffs Remain Near Record Lows Despite High Inflation and Rising Rates

The number of job layoffs in the U.S. remains near a record low despite rising interest rates and high inflation.