New Jobless Rise More Than Expected To 637k

New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week.

Sections:  news   business   
RELATED ARTICLES
  • Ford shareholders reject stock proposal
    Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More
  • Unemployment falls to 7.5%; job creation solid in April
    The job market plugged along steadily, and unemployment fell in April, according to new data out Friday, suggesting that the U.S. economy is still expanding. The nation added 165,000 jobs in April as the unemployment rate fell to 7.5 percent, from 7.6 percent in March, the Labor Department said on Friday. More
  • U.S. Jobless Claims Fall to 5-Year Low
    The number of Americans seeking unemployment benefits fell to the lowest level in more than five years, a positive signal for the labor market ahead of Friday's April jobs report. More
  • Jobless claims fall, labor market recovery advances
    The number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom is not falling out of the labor market despite signs of slower growth. More
  • AP Source: Fiat mulls IPO after buying Chrysler
    The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. More
BING NEWS:
  • U.S. Jobless Claims Fall Below Estimates, but Unemployment Benefits Rise
    Continuing unemployment claims rise by 28,000, signaling a potential rise in October's jobless rate. Fed expected to cut interest rates by 25 basis points next month amid rising unemployment and a ...
    11/13/2024 - 11:00 am | View Link
  • Jobless Claims Rise to Start November
    Economists surveyed by The Wall Street Journal expected 220,000. The Fed is expected to cut rates by 25 basis point today, but since Trump's win markets have been pricing a slower pace of monetary ...
    11/7/2024 - 6:54 am | View Link
  • Initial jobless claims rise slightly less than expected in past week
    Initial jobless claims for the week ended Nov. 2 rose by 3K to 221K, slightly trailing the 223K consensus, from 218K in the prior week (revised from 216K), the Department of Labor said Thursday. The ...
    11/7/2024 - 12:50 am | View Link
  • Jobless Claims Fall More Than Expected, Continuing Benefits Surge To Nearly 3-Year Highs: Labor Market At 'Full Employment,' Analyst Says
    Market reaction: S&P 500 futures rise 0.5%, while Nasdaq 100 gains 0. ... filing for unemployment benefits dropped more than expected, signaling a robust job market as Americans approach a ...
    10/23/2024 - 10:12 pm | View Link
  • 30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy
    In data released on Thursday, U.S. retail sales increased 0.4% in September, above the 0.3% gain that had been expected by economists polled by the Wall Street Journal. The increase in retail ...
    10/17/2024 - 9:06 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News