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US gross domestic product shrank at a 0.6% annualised rate last quarter, new figures show today

US economy contracts in second quarter

The US economy contracted at a more moderate pace than initially thought in the second quarter as consumer spending blunted some of the drag from a slower pace of inventory accumulation, dispelling fears that a recession was underway.

Business • 25 Aug 22

US gross domestic product increased at a 6.4% annualised rate last quarter

US economy accelerates in Q1, jobless claims fall

US economic growth accelerated in the first quarter, boosted by massive government aid to households and businesses, charting the course for what is expected will be the strongest performance this year in nearly four decades.

Business • 29 Apr 21

Initial claims for state unemployment benefits rose 16,000 to a seasonally adjusted 276,000, new US figures show

US jobless claims rise while Q3 productivity rises

New US applications for unemployment benefits last week recorded their largest increase in eight months, but remained at levels consistent with a fairly healthy labour market.

Business • 05 Nov 15

US initial jobless claims rose by 12,000 to 282,000 last week

US jobless claims up ahead of August non-farm data

New claims for US unemployment benefits rose last week, the Labor Department said today, a day ahead of the release of the national employment report for August.

Business • 03 Sep 15

US initial jobless claims drop by 23,000 to their lowest level since 2000

US jobless claims at lowest level in 14 years

The number of Americans filing new claims for jobless benefits fell to a 14-year low last week.

Business • 16 Oct 14

New US data shows housing market is continuing to gradually improve

US jobless claims data point to firming economy

The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a sharp slowdown in job growth last month was probably a blip.

Business • 18 Sep 14

Consumer spending accounts for more than two-thirds of US economic growth

US consumer spending edges higher

US consumers barely opened their wallets wider in May despite rising income growth, the government said today.

Business • 26 Jun 14

New US data points to a continuing downward trend in job losses

US jobless claims' downwards trend continues

New US claims for unemployment insurance benefits fell last week, continuing to point to a downward trend in job losses, official data released today showed.

Business • 19 Jun 14

US initial jobless claims totalled 326,000 in the week ending May 17

US jobless claims rise from seven year low

New claims for US unemployment insurance benefits rose last week from a seven-year low as the labour market slowly improves.

Business • 22 May 14

Initial claims for US state unemployment benefits rose 16,000 to a seasonally adjusted 326,000

US jobless claims rise, trade deficit widens

The number of Americans filing new claims for unemployment benefits rose more than expected last week.

Business • 03 Apr 14

US initial jobless claims up 5,000 last week

US jobless claims see modest rise

The number of Americans filing new claims for unemployment benefits rose less than expected last week, pointing to some underlying strength in the labour market.

Business • 20 Mar 14