Weekly jobless claims fall to pandemic low as layoffs ease
Some 444,000 Americans filed for unemployment benefits last week as employment prospects continue to brighten.
Jobless Claims
Initial jobless claims fall to new pandemic low
The Department of Labor reports 473,000 Americans filed new jobless claims last week, down 34,000 from the previous week and the lowest number since the beginning of the pandemic. Lori Bettinger, president of BancAlliance and former director of the Obama administration's Troubled Asset Relief Program, joined CBSN to discuss what the numbers mean for the U.S. economy.
Jobless claims fall to pandemic-era low as layoffs ease
Fewer than 600,000 people filed for first-time benefits last week, but nearly 17 million are still receiving assistance.
Jobless claims fall for 2nd straight week
First-time unemployment claims fell to 547,000 last week, the lowest point since the start of the pandemic. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joined CBSN to discuss what the latest job numbers mean for the current state of the U.S. economy.
Unemployment claims fall to pandemic-era low
About 547,000 people filed for jobless aid last week, the lowest level of claims in more than a year.
More Americans apply for unemployment as layoffs remain high
Jobless claims rose for the second week in a row as the U.S. labor market struggles to shake off COVID-19.
Jobs report and state of the U.S. economy
The U.S. Department of Labor is reporting the lowest number of new jobless claims since the COVID-19 pandemic began. BancAlliance co-president Lori Bettinger joined CBSN to explain what these new numbers mean and how infrastructure could be a key to rebuilding the economy.
745,000 Americans filed for jobless benefits
The Labor Department reported 745,000 Americans filed for unemployment benefits for the first time last week, an increase of 9,000 from the previous week. The latest numbers come as President Biden and Senate Democrats agreed to limit which Americans receive a $1,400 stimulus check. CBS News' Skyler Henry reports on the latest from the White House, and Lori Bettinger, co-president of BancAlliance and a former director of the Troubled Asset Relief Program during the Obama administration, joined CBSN to discuss the unemployment numbers.
New unemployment claims ticked up last week
Some 745,000 people filed for jobless aid last week, while another 437,000 sought federal self-employed assistance.
Weekly jobless claims decline
The Labor Department reports 730,000 Americans filed new unemployment claims for the week ending February 20. That's down 111,000 from the previous week's numbers. David Bahnsen, chief investment officer at the Bahnsen Group, joins CBSN to discuss what the latest numbers mean for the state of the economy.
Unemployment claims rise for the first time in a month
Roughly 861,000 people applied for jobless aid last week, reversing several weeks of steady declines.
Jobless claims hit lowest level in 2 months
U.S. jobless claims declined for the week ending January 30. CBSN's Tanya Rivero has more.
California paid out $11 billion in bogus jobless claims in 2020
Investigators are looking into possible fraud involving $20 billion more.
900,000 Americans file for first-time unemployment benefits
The number of Americans claiming unemployment for the first time dipped by 26,000 in the final week of the Trump administration to 900,000 jobless claims, according to data released Thursday by the Labor Department. Bankrate Washington bureau chief and senior economic analyst Mark Hamrick joins CBSN to discuss how the new Biden administration plans to respond to the ongoing jobs crisis.
900K more Americans filed new jobless claims
The Labor Department weekly unemployment claims report shows another 900,000 people filed for unemployment for the first time last week. That's slightly down from the 926,000 who filed jobless claims the previous week. Melissa Armo, the owner and founder of The Stock Swoosh, joins CBSN with a breakdown of what these numbers mean.
Biden's relief bill is "right on the mark," economist says
President-elect Joe Biden unveiled his "American Rescue" plan to stimulate the U.S. economy, which has been crippled by the COVID-19 pandemic. Gene Sperling, a former director for the National Economic Council, joins CBSN to discuss Mr. Biden's coronavirus relief package.
Unemployment claims surge as pandemic weighs on businesses
About 965,000 people filed for jobless benefits in the first week of January, far higher than economists expected.
Fewer jobless claims filed
In the week ending December 26, 787,000 people filed first-time jobless claims, down 19,000 from the week before. Norm Champ, former director of the investment management division at the U.S. Securities and Exchange Commission and author of "Mastering Money: How to Beat Debt, Build Wealth, and Be Prepared for any Financial Crisis," spoke with Jamie Yuccas on CBSN about these numbers, the economic effect of not passing a bigger stimulus bill and how the economy is changing because of the crisis.
800,000 Americans applied for jobless aid week before Christmas
Another 400,000 filed for special aid for self-employed. "Labor market damage continues to mount in real time," one economist said.
Jobless claims rise as COVID surge worsens
The Labor Department has released the latest figures showing an increase in the number of Americans filing for unemployment for the second straight week. Lori Bettinger, the president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joined CBSN to discuss what the latest jobs numbers mean for the current state of the U.S. economy.
853,000 Americans filed new jobless claims
The economy continues to suffer amid the coronavirus outbreak. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to discuss the latest jobless claims report.
Jobless aid applications surged the week after Thanksgiving
Number of Americans seeking unemployment aid at highest level in three months, with 853,000 applying last week.
Fewer Americans applied for jobless aid last week
Although the number of workers filing for unemployment declined, claims remain at historically high levels.
New jobless claims rise as coronavirus surges
There was another increase in new unemployment claims last week, as the coronavirus pandemic continues to head in the wrong direction. Feeding America predicts over 50 million Americans will have faced hunger by the end of the year. Mark Hamrick, senior economic analyst at Bankrate, joins CBSN to discuss the state of the economy.
Unemployment claims rise for the second week in a row
Some 778,000 Americans applied for jobless aid last week, a sign the economic recovery is bogging down.
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