By CHRISTOPHER S. RUGABER New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows.The Labor Department said Thursday that initial claims for jobless benefits rose by 12,000 last week to 500,000, the fourth increase in the past five weeks.

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BING NEWS:
  • Jobless claims fall to 7-month low, show labor market 'trending sideways at a healthy level'
    Weekly jobless claims rose less than expected last week, reaching a seven-month low, as the impact of labor strikes and severe weather has made weekly data noisy over the last few months. New data ...
    11/21/2024 - 1:36 am | View Link
  • Initial jobless claims rise less than expected in past week
    Initial jobless claims for the week ended Nov. 16 rose by 2K to 213K vs. the 220K consensus and 219K prior (revised from 217K). The weekly figure indicates that the labor market is staying relatively ...
    11/20/2024 - 11:31 pm | View Link
  • Jobless claims fall to lowest level since May
    The numbers: Initial jobless claims fell by 4,000 to 217,000 in the week ending Nov. 9, the Labor Department said Thursday. It is the lowest level of claims since May. Economists polled by The ...
    11/14/2024 - 1:02 am | View Link
  • US weekly jobless claims rise marginally; unit labor costs stir inflation fears
    The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material change in the labor market and reinforcing views that hurricanes and strikes ...
    11/7/2024 - 8:07 am | View Link
  • US applications for jobless benefits fall, but continuing claims rise to highest level since 2021
    but the total number of those collecting benefits rose to its highest level in almost three years. The Labor Department reported Thursday that applications for jobless claims fell by by 15,000 to ...
    10/24/2024 - 12:06 am | View Link
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