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The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that suggest most workers enjoy unusual job security. Jobless claims dropped ...
The Labor Department reported Thursday that jobless claim applications rose by 3,000 to 221,000 for the week of Nov. 2. Weekly applications for jobless benefits are considered representative of U ...
Since the Federal Reserve began raising interest rates in March 2022, the labor market has shed 4.6 million private-sector job openings. ... the unemployment rate has climbed from 3.6% to 4.1% ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
Annual rate of change of unemployment rate over presidential terms in office. From President Truman onward, the unemployment rate fell by 0.8% with a Democratic president on average, while it rose 1.1% with a Republican. [27] Job creation is reported monthly and receives significant media attention, as a proxy for the overall health of the economy.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
American employers added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll. ... CBS News. Winning ticket for $1.22 billion Mega Millions jackpot sold in ...
Strong economic indicators have continued to make the case for a solid American economy, but a slew of new jobs data has policymakers and consumers looking at current conditions in different ways.