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Strong, stable labor market may signal new normal to Federal Reserve

Mar 21, 2024
Unemployment claims fell last week. Despite relatively high interest rates, they're below pre-pandemic levels and near historic lows.
Job cuts have been concentrated at big tech and finance companies, said Andy Challenger at Challenger, Gray & Christmas. Above, Fed Chair Jerome Powell at his news conference Wednesday.
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Unemployment claims are declining again, but only slightly

Jun 24, 2021
The Labor Department said Thursday that jobless claims declined just 7,000 from the previous week to 411,000.
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Unemployment claims tick up from pandemic low

Jun 17, 2021
The number of people applying for unemployment benefits rose last week for the first time since April.
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Unemployment claims fall for 6th straight week

Jun 10, 2021
Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday.
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Unemployment claims drop for 5th week in a row

Jun 3, 2021
The Labor Department said Thursday that jobless claims dropped to 385,000, down 20,000 from the week before.
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Unemployment claims continue to drop

May 27, 2021
The number of weekly jobless claims — a rough measure of the pace of layoffs — has fallen by more than half since January.
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Unemployment claims fall again to new pandemic low

May 6, 2021
The number of people in the U.S. seeking unemployment aid fell last week to 498,000, the lowest point since the pandemic struck.
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