Unemployment

Weekly Unemployment Claims Jump In Possible Sign of Omicron Hit to Jobs Recovery

First-time filings for unemployment insurance came in at 230,000 for the week ending Jan. 8, up from the prior week's 207,000, the Labor Department said in a report.

The Epoch Times

Weekly Jobless Claims Drop Below Pre-Pandemic Levels in Sign of Continued Labor Market Tightness

First-time filings for unemployment insurance fell to 198,000 for the week ending Dec. 25, the Labor Department said in a report.

The Epoch Times

Weekly Jobless Claims Rise Again After Touching 52-Year Low

The rebound in initial claims breaks an eight-week straight run of declines.

Hiring Difficulties May Be on Horizon as US Labor Force Participation Rate Remains Unchanged

The labor force participation rate was unchanged at 61.6 percent in October and has remained within narrow range of 61.4 percent to 61.7 percent since June 2020.

US Businesses Turn to Automation Amid Labor Shortage

The shift to software, machines, and contactless methods was already underway in certain segments pre-pandemic, and the health crisis simply spurred on the process.

The Epoch Times

Federal Reserve: Businesses Say Vaccine Mandates Are Hurting Employment

The Fed's so-called Beige Book noted that the U.S. economy has been "dampened by a low supply of workers," partially due to vaccine mandates.

The Epoch Times

Unemployment Claims Fall to Pandemic Low Amid Tight Labor Market

First-time filings for unemployment claims totaled 290,000 for that week ended on Oct. 16, reporting that the figure was down 6,000 from the previous week.

The Epoch Times

Consumer Goods Giant to Raise Prices on More Staples, Blames Increase in Cost on Raw Materials

Procter & Gamble Co. said it would begin to charge more for oral care, beauty, and razors. Earlier this year, Procter & Gamble said it would charge more for toilet paper and diapers.

The Epoch Times

Unemployment Claims Fall to Lowest Level Since Beginning of COVID-19 Pandemic Last Year

The claims decreased to 293,000 last week, as compared with 329,000 a week earlier, the agency said. The four-week moving average for unemployment claims fell to 334,250-the lowest since March 2020.

The Epoch Times

What To Expect From The September NFP Report

There has been a debate raging in both political and business circles that is about to be answered. The question? How are Federal unemployment subsidies enacted in the wake of...

Thomas Hughes

Jobless Claims Rise Above Expectations, Sapping Confidence in Labor Market Recovery

First-time filings for unemployment insurance-a proxy for layoffs-came in at 362,000 for the week ending on Sept. 25, an increase of 11,000 from the previous week, the Labor Department said in a statement.

The Epoch Times

Jobless Claims Rise Above Expectation to Highest Level in a Month

First-time filings for unemployment insurance-a proxy for layoffs-came in at 351,000 for the week ending Sept. 18, a rise of 16,000 from the previous week's revised level of 335,000.

The Epoch Times