News | Latest Breaking News Stories & Headlines

Initial claims for state unemployment benefits dropped 3,000 to a seasonally adjusted 183,000 for the week ended January 28

US weekly jobless claims fall, layoffs surge in January

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week as the labor market remained resilient despite higher borrowing costs and mounting fears of a recession.

Business • 02 Feb 23

Claims peaked at a record 6.867 million in late March.

U.S. weekly jobless claims fall below 1 million

The number of Americans seeking unemployment benefits dropped below one million last week for the first time since the start of the Covid-19 pandemic in the United States, likely as the expiration of a $600 weekly jobless supplement discouraged some from filing claims.

Business • 13 Aug 20

New figures show sustained US labour market strength

US jobless claims fall as labour market strong

The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to sustained labour market strength even as the pace of job growth is slowing.

Business • 08 Sep 16

Initial claims for US unemployment benefits rose to a seasonally adjusted 274,000 for the week ended April 30

US jobless claims rise, planned layoffs surge

The number of Americans filing for unemployment benefits rose more than expected last week, posting the biggest gain in more than a year,

Business • 05 May 16

US jobless claims remain under 300,000 for the 56th week in a row, new figures show

US jobless claims rise but remain at historic low

New claims for US unemployment insurance benefits rose last week but the long-running trend remains historically low, the Labor Department said today.

Business • 31 Mar 16

US consumer spending edged up 0.1% in October after a similar increase in September

US consumer spending slowing in October

US consumer spending barely rose in October as households took advantage of rising incomes to boost savings to their highest level in nearly three years.

Business • 25 Nov 15

US petrol prices fell 9% in September, the biggest drop since January

Petrol affecting US consumer prices, jobless falls

US consumer prices recorded their biggest drop in eight months in September as the cost of petrol fell.

Business • 15 Oct 15

Falling energy prices have pushed down the overall figure, while food prices were up slightly

US consumer prices unchanged in October

US consumer prices were unchanged in October from September, holding the annual inflation rate at a modest 1.7%, the country's Labor Department has reported.

Business • 20 Nov 14

Increase in US initial jobless claims more than expected

US jobless claims rise to six week high

Initial claims for US unemployment insurance benefits rose to a six-week high last week but the overall trend continued to show a tightening labour market.

Business • 14 Aug 14

US durable goods orders rose by 2.6% to $234.8 billion in March

US durable goods orders rise for second month

New orders for US manufactured durable goods such as cars, planes and computers rose in March, the second gain of the year in a row.

Business • 24 Apr 14

US consumer prices up despite fall in fuel prices

US consumer prices rose in October as the cost of shelter surged, while fuel prices fell in a boost for consumer spending power.

Business • 15 Nov 12

US trade deficit narrows in September

The US trade deficit narrowed in September as exports increased, suggesting global demand for US goods was holding up despite the debt crisis in Europe.

Business • 08 Nov 12

US jobless claims fall for third week in a row

New claims for US unemployment benefits fell for a third consecutive week, to their lowest level since March 2008.

Business • 12 Jul 12

Jobless Claims